De-dollarization: Egypt drubs dollar in trade with BRICS nations
De-dollarization: Egypt drubs dollar in trade with BRICS nations
www.firstpost.com
De-dollarization: Egypt drubs dollar in trade with BRICS nations
36 comments
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“Nothing of the sort has been implemented but there are discussions so that we can trade in local currencies of countries like India, Russia or China,” Egyptian Supply Minister Ali Moselhy was quoted as saying by Reuters
Lol, not quite what the headline sensationally implies
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The title is sensationalist but it is indeed a reality that we will see unfold in the next couple months/years. I honestly can't wait for my country to finally be free from the dollar.
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You won't be free from the dollar, 90% of foreign exchange is in dollars, most global commodities are priced in dollars
The dollar and the euro make up for nearly 80% of all global payments.
https://www.statista.com/statistics/1189498/share-of-global-payments-by-currency/
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36 comments
Try again, op.
This is how real life goes:
“BRICS”
“Lol.”
I see seething and coping is going well for you