Mobissimo

Used to be that the greenback, the US Dollar was the de facto currency around the world. Anywhere, you flash the Benji, you get in, you pay, you do it. Unfortunately, the US Dollar has been not so strong as of late versus other world currencies, basically right now the USD to Euros is on par with the mightly ruble. Sigh* Anyway, NYC stores are taking Euros now, probably not so much because of the strength of the Euro, but just because every shop in Soho, Madison Ave has a Sven, Hans, Jean-Baptiste buying something in cash, more here via Yahoo!

NEW YORK (Reuters) - In the latest example that the U.S. dollar just ain't what it used to be, some shops in New York City have begun accepting euros and other foreign currency as payment for merchandise.

"We had decided that money is money and we'll take it and just do the exchange whenever we can with our bank," Robert Chu, owner of East Village Wines, told Reuters television.

The increasingly weak U.S. dollar, once considered the king among currencies, has brought waves of European tourists to New York with money to burn and looking to take advantage of hugely favorable exchange rates.