M Kisan....wat sameer said is exactly the thing which is happening..Infact most of Oil producing countries r adopting to Euro... only Country saving skin of US is China...coz there forex reserve r in $ n only $...d day they throw there $...we will have 40$ in one RS..lol n Mind u....this Chinese control of $(indirectly) can put india in tight spot later or sooner(in case of chinese claim of A.P. and sikkim)