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Posted: 2025-07-15 23:20:22 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-07-15 23:20:36 UTC
Verified By
Rollup News
Egypt and China's central banks are reportedly moving away from the SWIFT system, opting for trade in local currencies and utilizing China's Cross-border Interbank Payment System (CIPS).
De-dollarization
Bypass SWIFT
Strengthen bilateral trade
Geopolitical shift
Implementation complexities
Potential resistance from other countries
Ensuring smooth transition