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IPFS News Link • Syria

Syria joins the trend, ditches US dollar for yuan – Details

• Cryptopolitan

-Syrian President Bashar al-Assad calls for abandoning the US dollar in global transactions and adopting the Chinese yuan instead.

-President al-Assad praises China's mediation efforts between Saudi Arabia and Iran, both of which are seeking BRICS membership.

-The shift towards alternative currencies, such as the Chinese yuan, could facilitate a necessary global power shift and impact the Middle East and potential BRICS membership.

In a recent development, Syrian President Bashar al-Assad has called for the abandonment of the US dollar for global transactions and urged the adoption of the Chinese yuan for international settlements.

This move comes as part of the ongoing de-dollarization efforts led by the BRICS nations, in response to US sanctions imposed on Russia following the invasion of Ukraine.