Egypt and China Seal Deal to Trade in Local Currencies, Sidestepping the Dollar


BREAKING: 


EGYPT 🇪🇬 & CHINA 🇨🇳 sign agreements to support trade in LOCAL CURRENCIES, bypassing the U.S. Dollar.


This agreement is to promote trade in local currencies (Egyptian pound and Chinese yuan), reducing reliance on the U.S. dollar, as part of Egypt’s economic strategy and China’s Belt and Road Initiative.


#Afrocania


 

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