☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to World News@lemmygrad.ml • 3 months agoBRICS: Payments in Chinese Yuan Surpasses the US Dollar by 2.5%!external-linkmessage-square3 fedilinkarrow-up134cross-posted to: newsworldnews@lemmy.ml
arrow-up134external-linkBRICS: Payments in Chinese Yuan Surpasses the US Dollar by 2.5%!☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to World News@lemmygrad.ml • 3 months agomessage-square3 Commentsfedilinkcross-posted to: newsworldnews@lemmy.ml
minus-squareKrasnaiaZvezda@lemmygrad.mlhexbear18·3 months agoThe 2.5% in this case comes from all the international trade from Russia in 2023-2024, where 42% use Yuan to 39.5% the dollar. So not globally passing the dollar yet, but it's nice that there are examples for others to see the new opportunities. linkfedilink
minus-square☆ Yσɠƚԋσʂ ☆@lemmygrad.mlhexagonhexbear10·3 months agoindeed, and this is a self reinforcing phenomenon as well linkfedilink
The 2.5% in this case comes from all the international trade from Russia in 2023-2024, where 42% use Yuan to 39.5% the dollar.
So not globally passing the dollar yet, but it's nice that there are examples for others to see the new opportunities.
indeed, and this is a self reinforcing phenomenon as well