Breaking the dominance of the dollar: Petrobras considers trading national currencies, including Bitcoin

Rio de Janeiro-based Petrobras, Latin America’s largest oil company, is contemplating the possibility of trading in national currencies instead of relying solely on the US dollar, according to CEO Jean-Paul Prates, writes Sputnik. Prates stated that Petrobras is open to conducting contracts in yuan, particularly for countries like Argentina that face a scarcity of dollars. […]

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