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De-Dollarization Push: African Payment Provider Tests Platform to Facilitate Local Currency Trade

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An African cost infrastructure supplier is piloting the Africa Foreign money Market, which seeks to allow nations to settle trades with native currencies. PAPSS Charges to Be Market-Pushed The Pan-African Fee and Settlement System (PAPSS), a cost infrastructure supplier backed by 15 central banks, is reportedly piloting a foreign money platform to allow nations to settle trades […]



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Tags: AfricanCurrencyDedollarizationFacilitatelocalpaymentPlatformProviderPushTeststrade
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