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2023-06-13 22:41:02

⌜Jan⌝ on Nostr: More movement towards weaning off the #dollar, this time in #Africa: On 12 June, ...

More movement towards weaning off the #dollar, this time in #Africa:

On 12 June, President Ruto (of Kenya), speaking in the Parliament of Djibouti, asked for the introduction of a single African currency to facilitate trade on the continent.

“Why is the US dollar part of the trade between Kenya and Djibouti?” Ruto said. Arguing that intra-African trade must take place using local currencies and using the mechanisms provided by Afreximbank, in order to increase fair trade between nations...

https://news.italy24.press/trends/625440.html
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