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Tag Archives: yuan and petrol and saudi oil
Will China and Saudi Arabia’s Oil-For-Yuan bid threaten the dominance of the U.S. Dollar? Not really…
.. China’s Middle Eastern business will increase yuan-for-oil-deals, but dollar expected to stay dominant in world trade China is looking to expand the use of the yuan in oil and gas settlements with the six Gulf Cooperation Council states While … Continue reading
Saudi Arabia’s Oil-For-Yuan Bid Won’t Threaten the Dollar – The Washington Post
.. Saudi Arabia’s Oil-For-Yuan Bid Won’t Threaten the Dollar Analysis by David Fickling | Bloomberg March 18, 2022 at 1:10 a.m. EDT Is there a situation more absurd than two of the world’s most dollar-dependent economies promising to free themselves … Continue reading
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