Argentina Abandons USDollar In China Trade As Local Bitcoin Reaches Record High – ZeroHedge 4/27/23


Over the last few weeks, it has seemed you can’t turn a page, blink at a pixel, or hear a news report without some form of de-dollarization headline shrieking at you. From Brazil to Saudi Arabia, and from India to Argentina, and increasing number of nations are ‘reportedly’ shifting away from the dollar hegemon.

Some recent headlines:

And today it escalated further as Reuters reports that Argentina will start buying the bulk of its Chinese imports in yuan instead of dollars, as it seeks to preserve its shrinking supply of USDollars….

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