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Cryptopolitan 2023-11-14 14:57:50

India urges Ethiopia to embrace local currency in trade

India, prominent member of the BRICS alliance, is actively encouraging Ethiopia to shift its trade transactions from the US dollar to local currencies. This strategic push aligns with the broader BRICS objective of reducing dependency on dominant global currencies, particularly the US dollar, in international trade. The suggestion was made in the context of Ethiopia’s ... Read more

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