Brazil and China have reach agreement to conduct trade transactions using their own currencies, bypassing the US Dollars.
The deal allow for direct trades and financial transactions between the Two Countries exchanging yuan for reais and Vice Versa reducing cost and promoting bilateral trade and investment.
This agreement between Brazil and China could be seen as Potential concern for the US because it reduces demand for the us International trade.
Is this the beginning of the end for the US Dollar.
Francis Isaac Akuki popularly known as Smilezee is an entrepreneur, a blogger/graphic designer, and actively involved in fintech.
He hold a National Diploma Certificate From Federal Polytechnic Idah Kogi State and currently a student of Public Administration at Taraba State University, Jalingo.
He also hold a diploma certificate in Computer Operating From Fatz Link Computer Institute Makurdi, BENUE State.
Smilezee is passionate about technology and endeavors to promote it within his community and beyond.
He’s the creative force behind the entertainment website www.Abinseloaded.com. Moreover, he’s widely acknowledged as the CEO of Smile Printing Center ABINSI, consistently striving to inspire others toward economic growth and development in his hometown of ABINSI.
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