China Halts US Dollar Transactions With Afghan Banks

by Tyler Durden
ZeroHedge.com
05/22/2014

The de-dollarization escalates. As Reuters reports, Chinese banks have halted dollar transactions with most Afghan commercial banks. Whether this is related to the terrorist operations in the muslim-dominated Uighur region is unclear… also unclear is whether the Chinese banks will accept transactions with Afghan banks in CNY?’

The Rest…HERE

This entry was posted on Thursday, May 22nd, 2014 at 11:28 am and is filed under China, Economics. You can follow any responses to this entry through the RSS 2.0 feed.