In These New Times

A new paradigm for a post-imperial world

Brazil, Uruguay move away from US dollar in trade

Posted by seumasach on December 15, 2014

Hang the Bankers

10th Decmber, 2014

Brazil and Uruguay have switched to settling bilateral trade with local currency to stimulate turnover, bypassing the US dollar.

This entry was posted on December 15, 2014 at 8:49 pm and is filed under Currency Wars, Multipolar world. Tagged: South American integration, Union of South American nations (Unasur). You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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