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Egypt Drubs Dollar in Trade with BRICS


Egypt drubs dollar in trade with BRICS nations Story by Umang Sharma • Yesterday 8:46 am The call to ditch dollar in settling overseas trade has been getting louder with more countries joining the league. Egypt has become the latest entrant to shed the US currency in trade with several member states pf the BRICS economic bloc. Egypt now seeks to use local currencies to pay for its imports from India, China, and Russia – key members of the BRICS. Brazil and South Africa are also the members of this group. “Nothing of the sort has been implemented but there…

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