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Saudi Arabia Open to Trading in Currencies Other Than US Dollar, Signaling a Shift Toward De-Dollarization

Jan 19 2023
alternative currencies Bloomberg TV Brazil brics China crown prince Mohammed bin Salman Currency Currency diversification currency substitution Davos. de-dollarization decoupling dollar substitution Economics Finance Minister Gulf monarchs hegemony India Joe Biden Mohammed Al-Jadaan monetary independence monetary policy autonomy monetary system reform OIL opec petrodollar Richard Nixon Russia Saudi Arabia Saudis South Africa sovereignty strategic relationship Trade Treasury bonds US Dollar William Simon World Economic Forum Xi Jinping Yuan
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After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s… More...

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