Feb 23, 2023 | Iraq Drops US Dollar for Yuan in Trade with China |
On February 22 the Iraqi Central Bank announced that for the first time, imports would be financed from China in Yuan instead of the US dollar. Since the Ukraine war began, several nations in the Global South have moved away from the US dollar in bilateral trade with China.
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Taliban looks to Russia, Iran, Pakistan for investments (thecradle.co)
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