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Sovereign Nations Explore De-dollarization To Diversify Economies by JasmineJay5683(f): 12:41pm On Sep 29, 2023 |
In a world where the dollar reigns supreme, several sovereign nations are exploring avenues of de-dollarization to diversify their economies. The BRICS bloc, along with six other nations, is at the forefront of this economic shift, seeking to mitigate the impacts of dollar shortages and the consistent hikes of the Fed Fund rates which are causing a devaluation of their currencies against the greenback. https://businesselitesafrica.com/2023/09/29/sovereign-nations-explore-de-dollarization-to-diversify-economies/
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