‘Why can’t we trade in our own currencies?’: Brazil’s Lula repeats de-dollarisation call of BRICS nations

[ad_1] The US dollar’s role as world’s primary reserve currency for global trade was challenged at a finance summit in Paris by South African President Cyril Ramaphosa and his Brazilian…

Debates around De-dollarisation and Yuan Internationalisation – Modern Diplomacy

[ad_1] As the Chinese Yuan (CNY or Renminbi) is being adopted for more and more international payments, policy debates around de-dollarisation have heated up. ​Many countries like Russia, Brazil, and…