cuenca@lemm.ee to World News@lemmy.ml · 9 months agoBRICS: 21 Countries Officially Agree to Ditch the US Dollar in 2023watcher.guruexternal-linkmessage-square8fedilinkarrow-up137arrow-down144
arrow-up1-7arrow-down1external-linkBRICS: 21 Countries Officially Agree to Ditch the US Dollar in 2023watcher.gurucuenca@lemm.ee to World News@lemmy.ml · 9 months agomessage-square8fedilink
minus-squareTarte@kbin.sociallinkfedilinkarrow-up6·edit-29 months ago plans for reducing reliance (i.e. ditching) Plans for reducing reliance and ditching are two very different things.
minus-squarezephyreks@programming.devlinkfedilinkarrow-up2arrow-down2·9 months agoThey’re ditching the USD’s role as the global reserve currency. Any reduction in reliance on the USD directly impacts the USD’s role as a reserve currency. You don’t have to go “I’m never touching the USD again” to ditch it in it’s key use case.
Plans for reducing reliance and ditching are two very different things.
They’re ditching the USD’s role as the global reserve currency. Any reduction in reliance on the USD directly impacts the USD’s role as a reserve currency.
You don’t have to go “I’m never touching the USD again” to ditch it in it’s key use case.