this post was submitted on 19 Jun 2023

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De-dollarization: Egypt drubs dollar in trade with BRICS nations (www.firstpost.com)

submitted 2 years ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml

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[–] Rumblestiltskin@lemmy.ca 1 points 2 years ago

The page you posted is just using the SWIFT network. People who don't trade in USD generally don't use SWIFT. USD is still the dominant currency but I have seen numbers somewhere around 50% not 80%.