Tuesday, May 19, 2009

Today's Financial Times: Brazil and China re-thinking their dollar strategies

From today's FT:

Brazil and China will work towards using their own currencies in trade transactions rather than the US dollar, according to Brazil's central bank and aides to Luiz InĂ¡cio Lula da Silva, Brazil's president. The move follows recent Chinese challenges to the status of the dollar as the world's leading international currency.

Read the online article here, or click on the picture.

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