39 Saudi Arabia's petro-dollar exit: A global finance paradigm shift (www.tbsnews.net) 🔍 Notable posted 192 days ago by brain_dead 192 days ago by brain_dead +39 / -0 Saudi Arabia's petro-dollar exit: A global finance paradigm shift The crucial decision to not renew the contract enables Saudi Arabia to sell oil and other goods in multiple currencies, including the Chinese RMB, Euros, Yen, and Yuan, instead of exclusively in US dollars. Additionally, the potential use of digital curren... 12 comments share 12 comments share save hide report block hide replies
I know, right? They really are good at manipulating that.