EXPLANATION OF THE

Brazil Has Just Cut A

Brazil has just cut a deal with China to ditch the US dollar when paying each other for trade goods. It’s the latest victory in Beijing’s long-term drive to stomp on the

Drubbing the Dollar: China and Brazil ditch dollar

China, Brazil announce de-dollarization of mutual trade

The New Deal Will Allow

China, Brazil ink deal to ditch US dollar for direct currency trade

The new deal will allow China and Brazil, both top rivals to the US economy, to execute trade and financial transactions directly with one another, exchanging yuan for reais

China, Brazil reach agreement to ditch intermediary US

The New Deal

The new deal, announced by Brazil on Wednesday, allows China and Brazil to exchange Chinese Yuan for Brazilian Real, cutting out the traditional US intermediary to

Brazil, China ditch US dollar for trade payments, favour yuan

Brazil, China strike trade deal agreement to ditch US dollar

Brazil And China Have Reached

China and Brazil to Settle Trade in Their Own Currencies - Watcher

Brazil and China have reached an agreement to ditch the U.S. dollar in favor of using their own currencies for transactions, a move that officials say will save both sides costs.

China, Brazil strike deal to ditch dollar for trade