South American country pledges to abandon US dollar ...News

Venezuelan President Nicolas Maduro says the move will free his country’s economy from sanctions Venezuela is planning to shift away from the greenback in cross-border transactions, President Nicolas Maduro said earlier this week, claiming that the measure would help the Bolivarian Republic to free its economy. It’s the latest country to publicly share plans to reduce its reliance on the US dollar. Similar measures have recently been announced by Argentina, Brazil and Iraq. Meanwhile, the BRICS group of nations are considering the introduction of a new reserve currency to replace the dollar. “This is the path of V

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