Bolivia challenges global dollar dominance by increasing Chinese yuan, Russian rouble trade
Bolivia faced severe dollar shortages with foreign currency reserves falling to $4bn from $15bn
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Bolivia faced severe dollar shortages with foreign currency reserves falling to $4bn from $15bn
Net foreign currency reserves have fallen to roughly $4 billion from a peak of $15 billion in 2014, pressuring state finances and threatening Bolivia's long-defended currency peg with the dollar.
Bolivia is turning to the Chinese yuan and the Russian ruble, cutting its dependence on the US dollar in foreign trade Read Full Article at RT.com
Bolivia is turning to the Chinese yuan and the Russian ruble, cutting its dependence on the US dollar in foreign trade Read Full Article at RT.com
Bolivia is turning to the Chinese yuan and the Russian ruble, cutting its dependence on the US dollar in foreign trade Read Full Article at RT.com