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To: FarCenter
The U.S. Dollar closed at $102.78 on Friday afternoon - valued against a basket of foreign currencies that includes the Euro, the Yen, the Swiss Franc, and the British Pound.

Parity with the other currencies is $100.

In the last 40 years, the USD has traded below $102.78 ninety percent of the time.

The claim that international businesses are going to start switching to the Chinese Communist Party Renminbi (aka Yuan) is not serious.

International business will trade in Bitcoin before it trades in the Renminbi.

29 posted on 03/25/2023 6:38:51 AM PDT by zeestephen (43,000)
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To: zeestephen

He did not claim they would switch over to RMB. Read the article to the end.


37 posted on 03/25/2023 8:12:09 AM PDT by CatHerd (Whoever said "All's fair in love and war" probably never participated in either.)
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