China And Brazil Reached A Currency Trade Agreement And No Longer Use The Us Dollar As An Intermediate Currency
According to Barron's, China and Brazil have reached an agreement to conduct trade with the currencies of the two countries and no longer use the US dollar
According to Barron's, China and Brazil have reached an agreement to conduct trade with the currencies of the two countries and no longer use the US dollar as an intermediate currency. China is Brazil's largest trading partner, with bilateral trade reaching a record $150.5 billion last year.
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