Indonesia Follows BRICS’ Lead, Ditches Dollar For Local Currency

The country's central bank governor said that Indonesia is following the lead of BRICS countries in de-dollarization as it ditches the dollar in favor of its local currency.

Indonesia has become the latest addition to a growing list of countries that have given up settling overseas trade in US dollar and instead have started using its local currency.

Indonesia is following the lead of BRICS in de-dollarization, the country’s central bank governor said.

The BRICS nations – Brazil, Russi...

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