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BRICS member Russia is pushing the de-dollarization initiative in Africa urging nations to trade in local currencies and not the US dollar. Russia’s President Vladimir Putin vigorously called for African countries to start using local currencies for trade, including the Russian Ruble. Putin explained that Russia is “ready to work” with African countries to help them shift away from the US dollar. He added that BRICS can help Africa build its financial infrastructure by connecting its global bank
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