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5 countries “leaving” the dollar and the Euro
Five countries, including Brazil, Russia, India, China and the South African Republic, have agreed to gradually "leave" the dollar and the Euro. The countries came to this agreement during a meeting held in Delhi on March 29.
The leaders of the countries also decided to establish trade relations between their respective countries.
The BBC reports that during the summit in Delhi, the countries signed a mutual agreement according to which the banks of all five countries are liable to provide funding for each other and joint projects with their national currency.