๐ Russia & China Are Breaking Free From the Dollar! ๐ฅ๐ธ
Big moves are happening in global trade! Russia and China now settle 90%+ of their deals in rubles & yuan, shaking up the US dollarโs dominance.
๐ฅ Whatโs Happening:
๐ De-dollarization in Action: Local currencies are stealing the spotlight in major trade deals.
๐ Russia-China Trade Booming: Bilateral trade hit $227B in 2023 โ up 25% from last year!
๐ Dollar Losing Power: Countries are exploring alternatives, weakening the USDโs global grip.
๐ก Why It Matters:
๐ช Sanctions Losing Punch: Russia can sidestep U.S. economic pressure with local currencies.
๐น Yuan Rising: Chinaโs currency is becoming a major player in global trade.
๐ A New Financial Era: The world is moving toward a more balanced, multipolar economy.
โจ Looking Ahead:
BRICS nations & emerging markets might follow, reshaping global finance forever.
โ ๏ธ Disclaimer: This content is for informational purposes only and not financial advice.