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Five countries ditch the USD for loans
1 year ago  ::  Apr 17, 2011 - 8:35AM #1
Karma_yeshe_dorje
Karma_yeshe_dorje
Posts: 7,866
The USD's 10% inflation is too much for them.

Brazil, Russia, India, China and South Africa — the BRICS group of fastest growing economies — signed an agreement to use their own currencies instead of the predominant US dollar in issuing credit or grants to each other.

politics.slashdot.org/story/11/04/17/025...
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