10:17 AM
australia abandons usd
Unknown
China's efforts to internationalize the yuan are proceeding. Australia will not use the USD in trade with China.
Australia to Abandon the U.S. Dollar
Australia to Abandon the U.S. Dollar
Link to the thetrumpet.com story:
http://www.thetrumpet.com/article/10520.19.0.0/economy/australia-to-abandon-the-us-dollar
Announcement was made April 10th.
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