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What single Latin American currency could mean for the US dollar What a Latin American single currency could mean for the US dollar
(about 3 hours later)
The region is planning to launch a new settlement mechanism for non-dollar-denominated trade Two major players are planning to launch a new settlement mechanism for non-dollar-denominated trade
The two biggest South American economies, Brazil and Argentina, have recently unveiled plans to create a common currency, sparking speculation about a new global monetary union. RT looks at what the real plan is all about.The two biggest South American economies, Brazil and Argentina, have recently unveiled plans to create a common currency, sparking speculation about a new global monetary union. RT looks at what the real plan is all about.
For more stories on economy & finance visit RT's business sectionFor more stories on economy & finance visit RT's business section