Anita Pouchard Serra/Bloomberg/Getty Images The leftist governments of Argentina and Brazil will soon begin proceedings for the creation of a new common currency, tentatively called “ sur ” (South), the Financial Times claimed in a report on Sunday.
The goal of the project would reportedly be reducing regional reliance on the American dollar and creating the world’s second-largest currency bloc with fellow South American countries. Far-left Brazilian President Luiz Inácio Lula da Silva promised the creation of the sur common currency while running for president – despite his criminal convictions – last year. Lula is currently in Argentina for a […]
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