Back

PRATHAM

Experimenting On lea...ย โ€ขย 18h

Ethiopia, a BRICS nation, is in earlystage talks with China to convert $5.38 billion of its US dollar-denominated loans into Chinese yuan. This aims to cut foreign exchange costs, boost local currency use in forex markets, and ease repayments similar to India's $7 billion savings from buying oil in local currencies and trade in inr with Nepal and Bhutan. W for all lol and L for USD

Reply
7
1

More like this

Recommendations from Medial

Image Description
Image Description

mg

mysterious guyย โ€ขย 8m

India and Indonesia have officially agreed to abandon The US dollar and settle cross Border Transcation in local currencies

3 Replies
13
Image Description

AjayEdupuganti

I like software and ...ย โ€ขย 1y

USA wants to give $50 Billion loan to UKRAINE from russian seized/blocked assets in western banks. And they are pushing for it in G7. I bet this makes countries across the world who were interested in BRICS to push for it more. PS: Indian defence b

See More
1 Reply
5
Image Description
Image Description

Lokesh

-1 to 0 โšกย โ€ขย 10m

๐Ÿ’ธTrump effect? Chinese yuan dips 2.6% in a month, rupee depreciates 0.7% since US election Donald Trump winning the US presidential election has sent emerging market currencies tumbling against the greenback. While the Chinese yuan had strengthene

See More
7 Replies
10
Image Description
Image Description

Inactive

AprameyaAIย โ€ขย 1y

๐—ฆ๐—ฎ๐˜‚๐—ฑ๐—ถ ๐—”๐—ฟ๐—ฎ๐—ฏ๐—ถ๐—ฎ ๐——๐—ถ๐˜๐—ฐ๐—ต๐—ฒ๐˜€ ๐—จ๐—ฆ ๐——๐—ผ๐—น๐—น๐—ฎ๐—ฟ (Gaya USA Pani me) Saudi Arabia will not be renewing the 50-year petrodollar agreement with the United States. Instead, they will be selling oil in multiple currencies, including the Chines

See More
3 Replies
2
Image Description

Daya Juwatkar

Founder at Mridakran...ย โ€ขย 8m

Transforming Informal Lending & Business Payments โ€“ Leโ€™udhaar (Bindasss de udhaar!) Iโ€™m working on Leโ€™udhaar, a peer-to-peer lending platform designed to make informal lending and business payments seamless through auto-debits. Whether lending to f

See More
1 Reply
1
6
Image Description
Image Description

Vishu Bheda

ย โ€ขย 

Medialย โ€ขย 12m

China will kill the US dollar. First, they banned crypto. Then, they secretly invested $1.5 billion & became the 2nd largest Bitcoin mining hub. Here's their masterplan to take over by 2030: President Xi Jinping's 2019 announcement revealed China

See More
11 Replies
2
21
Image Description

vishakha Jangir

ย โ€ขย 

Set2Scoreย โ€ขย 4m

๐—›๐—ผ๐˜„ ๐˜๐—ต๐—ฒ ๐—ฆ๐—ฒ๐—บ๐—ถ๐—ฐ๐—ผ๐—ป๐—ฑ๐˜‚๐—ฐ๐˜๐—ผ๐—ฟ ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐—–๐—ฎ๐—ป ๐—•๐—ฒ ๐—ฎ ๐—•๐—ถ๐—ด ๐—ข๐—ฝ๐—ฝ๐—ผ๐—ฟ๐˜๐˜‚๐—ป๐—ถ๐˜๐˜† ๐—ณ๐—ผ๐—ฟ ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎ'๐˜€ ๐—˜๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐˜† ? Global semiconductor market projected to reach $1 trillion by 2030 from $600 billion in 2024 Indiaโ€™s semic

See More
1 Reply
7

Havish Gupta

Figuring Outย โ€ขย 7m

From a Small Street Stall to 45,000 Outlets! This is the story of Mixue, a Chinese QSR that became the worldโ€™s largest QSR brand in terms of active outlets. So Mixue was started by Zhang Hongchao, an economics student, in 1997. At the time, it was

See More
Reply
1
8

Download the medial app to read full posts, comements and news.