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ASEAN Nations Shift Away from US Dollar in Favor of Local Currencies and Chinese Yuan
ASEAN Nations Shift Away from US Dollar in Favor of Local Currencies and Chinese Yuan
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BTCCSquare news:
ASEAN countries are accelerating a MOVE away from the US dollar, opting instead for local currencies and the Chinese yuan in regional transactions. This shift reflects broader geopolitical tensions and a deliberate push toward a multipolar currency system.
The Chinese yuan's growing adoption signals a strategic realignment as Southeast Asian nations seek insulation from dollar volatility. 'We're building financial resilience,' one analyst noted, framing the trend as both economic pragmatism and a quiet challenge to dollar hegemony.
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