22h ago

Brazil central bank to sign currency swap deal with China's PBOC

www.reuters.com

reuters.com

Brazil's central bank said Monday it will sign a currency swap agreement with the People's Bank of China, with a maximum outstanding value of 157 billion reais ($27.69 billion) and a five-year term.

Global News @lemmy.zip

cm0002 @lemmy.world

17h ago

Brazil central bank to sign currency swap deal with China's PBOC

www.reuters.com /markets/brazil-central-bank-sign-currency-swap-deal-with-chinas-pboc-2025-05-12/

World News @lemmy.ml

schizoidman @lemm.ee

22h ago

Brazil central bank to sign currency swap deal with China's PBOC

www.reuters.com /markets/brazil-central-bank-sign-currency-swap-deal-with-chinas-pboc-2025-05-12/

1 comments

Decoupling goes brrr?
I really do wonder if Trump, whatever he was told, was ultimately convinced by his masters to accelerate the isolation, downfall and eventual balkanization of the US (there's a lot of money in being the US president, after all, and Trump loves money) or if this is just all serendipitous, lol.