Egypt has announced to abandon the US dollar for trade payments, in line with the BRICS policy of de-dollarization.
Emese Grancsa
International
Photo by Tienko Dima on Unsplash
Always see our news on Google
Egypt's decision to abandon the US dollar for trade payments comes amid tensions in the Middle East. The move is seen as a signal to countries in the region that have expressed a desire to become BRICS members. By adhering to the policy of de-dollarization, BRICS member states hope to reduce their dependence on the pressures of being part of the "USD space".
Latest News
21:28
U.S. State Department: Corruption Remains a Challenge for Investment in Romania
21:22
Traian Băsescu estimates that AUR may have reached its electoral peak and could begin to lose support
21:19
The U.S. economy grew by 2.2% in the second quarter of 2026, exceeding initial estimates
20:59
The Capital City Hall is rehabilitating and strengthening the Opera Bridge/ The works will take 24 months
20:59
Alexandru Muraru criticizes Nicușor Dan: “Mr. President, please do not lecture us about the consensus of the parties”
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
.webp)
