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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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To: TobagoJack who wrote (36371)	6/30/2008 8:52:46 PM
From: elmatador	Read Replies (1) of 217564

Brazil and Argentina stop trading in dollars. Bilateral trade will no longer be in dollars, but in their own currencies. Brazil and Argentina stop trading in dollars SÃO PAULO, 6/30/08 - At the 25th Mercosur Summit on Tuesday Argentina and Brazil will officialize an agreement whereby bilateral trade will no longer be in dollars, but in their own currencies. The deal is a landmark and has been one of the main goals of Mercosur. According to economists, the new measure will lower financial and bank operation costs by 2.5% in both countries. (Newsroom/ DCooke - InvestNews)

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