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Malaysia Moves Away From The Dollar, As De-Dollarization Continues

On Tuesday, Malaysian Prime Minister Anwar Ibrahim said that Malaysia is set to begin shifting away from the use of the US dollar in trade settlements, instead using local currencies, in an effort to reduce its reliance on the US dollar. In a speech, Anwar said to his nation’s parliament, “To entirely stop the reliance … Continue reading Malaysia Moves Away From The Dollar, As De-Dollarization Continues