Kenyan President William Ruto has repeated his call on African countries to consider ditching the U.S. dollar when settling cross-border trades. The Kenyan leader claimed that the African continent already has a mechanism that enables the seamless settling of transactions between traders. Further, freedom advocate and entrepreneur Kimdotcom said as more countries reject the greenback the “U.S. Govt will pay a higher price for printing money.” Ruto: African Traders Do Not Need to Settle Using the Greenback Kenyan President William Ruto has again urged African countries to consider settling cross-border transactions with their respective currencies instead of the U.S. dollar. In his remarks made while addressing the Djibouti parliament, Ruto argued that the African continent’s Afreximbank already has the mechanism in place to enable seamless settling of transactions between traders. Just In: President of Kenya, @WilliamsRuto , Urges African Nations to Dump the US Dollar for Intracon
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