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3232Saudi Arabia Open to Trading in Currencies Other Than US Dollar, Signaling a Shift Toward De-Dollarization
https://www.digit.info/saudi-arabia-open-to-trading-in-currencies-other-than-us-dollar-signaling-a-shift-toward-de-dollarization/
Thu, 19 Jan 2023 15:30:17 +0000https://www.digit.info/2023/01/19/saudi-arabia-open-to-trading-in-currencies-other-than-us-dollar-signaling-a-shift-toward-de-dollarization/Read more]]>After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, said the kingdom is open to trading in currencies other than the U.S. dollar. The statements follow China’s president, Xi Jinping, urging the Gulf monarchs to accept yuan for oil, and Riyadh officials saying last March the country would consider […]
After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, said the kingdom is open to trading in currencies other than the U.S. dollar. The statements follow China’s president, Xi Jinping, urging the Gulf monarchs to accept yuan for oil, and Riyadh officials saying last March the country would consider […]