Ditching The Us Dollar Both China And Brazil Aim To Settle In Own Currency
Last updated: June 8, 2025, 19:48
The new deal will allow
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
Brazil, China strike trade deal agreement to ditch US dollar
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 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
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.
Drubbing the Dollar: China and Brazil ditch dollar
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China, Brazil ink deal to ditch US dollar for direct currency trade
China, Brazil strike deal to ditch dollar for trade