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South American Central Bank

The creation of a South American currency can speed up regional integration

The creation of a South American currency can speed up regional integration

Details on Brazilian former President and presidential candidate Lula da Silva's proposal to "get rid of US Dollar dependency and create a common currency for South America".
Brazilian presidential candidate (and favorite) Lula: “Instead of depending on the US Dollar, we will create a common currency for Latin America”

Brazilian presidential candidate (and favorite) Lula: “Instead of depending on the US Dollar, we will create a common currency for Latin America”

Lula's advisers propose to establish a South American Central Bank - comments from Venezuela, Argentina and Brazil itself.