KENYA AND AFREXIMBANK HAVE SIDELINED THE US DOLLAR
- WWHISPER
- Jun 21, 2023
- 1 min read
The outlook for the US dollar as a reserve currency is not promising. More and more countries are turning away and conducting trade in their own currencies, following the example of Russia and China. A few weeks ago, President Ruto of Kenya called for dropping the US dollar. Now it has become a reality. Afreximbank has developed its own payment system.