Argentina and Brazil Abolish Dollar in Bilateral Trade [View article]
In the linked article I write that an unwinding yen carry trade, that is the EUR/JPY, will propel development of a common currency for South America.
Yes a single unified and common currency is likely now for the Union of South American Nations, UNASUR, as Brazil and Argentina move to abolish the US Dollar in bilateral trade.
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In the linked article I write that an unwinding yen carry trade, that is the EUR/JPY, will propel development of a common currency for South America.
Sep 13 15:44 pm
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All Comments by richrdinbellingham »Argentina and Brazil Abolish Dollar in Bilateral Trade [View article]
Yes a single unified and common currency is likely now for the Union of South American Nations, UNASUR, as Brazil and Argentina move to abolish the US Dollar in bilateral trade.