BlogNewsChina And Saudi Arabia Sign A $7 Billion Currency Swap Agreement, Adding To De-Dollarization Push

China And Saudi Arabia Sign A $7 Billion Currency Swap Agreement, Adding To De-Dollarization Push

china-and-saudi-arabia-sign-a-$7-billion-currency-swap-agreement,-adding-to-de-dollarization-push

It’s yet another push towards dedollarization as countries attempt to wean off use of the greenback Continue…

BRICS is an informal group of states comprising the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People’s Republic of China and the Republic of South Africa. The growing economic might of BRICS countries, their significance as one of the main driving forces of global economic development, their substantial population and abundant natural resources form the foundation of their influence on the international scene.

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