Growing Use Of Yuan In Russia-China Trade 'Eroding Dollar Dominance'
De-dollarization has become a buzzword of late, with ways to sidestep the greenback via boosted trade in local currencies, such as China’s yuan, a key item on the agenda of the recent BRICS Summit. Furthermore, the dollar-ditching debate has been fueled by the US currency’s precarious global position as prospects of a recession loom.
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