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Published 1 year ago

Can Russia and China succeed in dethroning the dollar?

Summary by Ground News

Trade between the two countries hit a record of $190bn last year. Much of those payments made in Chinese and Russian currencies. The two biggest geopolitical rivals of the United States want to counterbalance the dominance of the dollar worldwide. Meanwhile, Ukraine has won the IMF's first loan to a country at war.

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Gold Coast Bulletin

Can Russia and China succeed in dethroning the dollar?

Russia turns to China's yuan as its foreign currency of choice and supports it in trade with other countries.

1 year ago·Southport, Australia

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Can Russia and China succeed in dethroning the dollar?

Russia turns to China's yuan as its foreign currency of choice and supports it in trade with other countries.

1 year ago·Qatar

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The Toowoomba Chronicle

Can Russia and China succeed in dethroning the dollar?

Russia turns to China's yuan as its foreign currency of choice and supports it in trade with other countries.

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Leaning Left1Leaning Right0Center0Last Updated1 year agoBias Distribution

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