The End of Dollar Dominance: Russia and China Lead This Shift
A Shift in Global Trade
Russia and China have taken a bold step away from the US dollar in their trade deals.
Instead, they are using their own currencies, the Russian ruble and the Chinese yuan.
This decision shakes the financial world, as the US dollar has remained the primary currency for global trade for decades.
The Significance of This Change
By trading in their local currencies, Russia and China aim to reduce their reliance on the US dollar and enhance their financial independence.
This shift also helps them avoid risks associated with US sanctions, giving them greater control over their economies.
For other countries, this indicates that the global financial system is slowly changing.
A New Era for the Global Economy
If more countries follow this path, the role of the US dollar may weaken over time.
This move made by Russia and China could represent the beginning of a new era where multiple currencies, not just the dollar, shape global trade. #أخبار_العملات_المشفرة
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