29 October 2009

BRASIL: $USD To Be Eliminated Gradually In BRIC Trades.

MERCOPRESS/
Central Bank president Henrique Meirelles confirms that Brasil is considering the gradual elimination of the US dollar in trade with China, Russia and India.
“We are working with the two central banks to facilitate trade with China in local currencies. We’re doing something similar with the central banks from Russia and India”, said Meirelles.