Brazil confirms the gradual elimination of US dollar in trade operations

Thursday, October 29th 2009 - 07:11 UTC

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Brazilian Central Bank president Henrique Meirelles said the country is considering the gradual elimination of the US dollar in trade with China, Russia and India, which together with Brazil make up the BRIC group. Read full article

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Bubba
SML will only be favoured as long as it favours Brazil, then they will ask for dollars or euros..
Oct 30th, 2009 - 07:49 pm - Link - Report abuse 0
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Nicholas
So long the SML system favors Brazil, is common sense.
They, The Brazilian government and the Brazilian business leaders don't work for foreigners (if they aren't share holders), but for them self by working with foreigners.
Nov 06th, 2009 - 03:02 am - Link - Report abuse 0
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