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De-dollarisation: 10 ASEAN countries agree to ditch the US Dollar

The global superpower- the United States is facing another setback. Countries around the world are pushing back America’s dominance over global trade. Amid debt-ceiling crisis, the issue of de-dollarisation by ASEAN countries looms over the United States. 10 ASEAN nations are on the verge of de-dollarisation. The members of the ASEAN have agreed to promote their native currencies.