As one of my colleagues at Euromoney quipped, if it had a date of April 1, he would have sworn it was an April Fools joke. But as Commerzbank Corporates & Markets writes: “If it was left to the so-called Alba states [that’s the Bolivarian Alliance for the Peoples of Our America to you and me], Latin America is to get a new currency.”
This looks like another bout of USD-bashing.
“Again and again in past months, the role of the dollar as a global reserve currency has been called into question.
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