BRICS Summit Proves Geography Trumps Currency by Tom Luongo | Gold Goats 'n Guns

While everyone is talking de-dollarization, the real currency losing it’s position in global trade is the euro. But no one is talking about de-eruoization. I guess it doesn’t roll off the tongue as well?  According to the latest data from the SWIFT RMB Tracker, there is no currency that has lost more ground in global trade than the euro. In just over two years the euro has fallen from 39.5% of global payments outside the euro-zone to just 13.6%.