Warning: Constant WP_MEMORY_LIMIT already defined in /home/digit/public_html/wp-config.php on line 98
Warning: Cannot modify header information - headers already sent by (output started at /home/digit/public_html/wp-config.php:98) in /home/digit/public_html/wp-includes/feed-rss2.php on line 8 Petroyuan – DIGIT INFO
https://www.digit.info
Bookmarking Crypto InsightsThu, 26 Sep 2024 01:30:34 +0000en-US
hourly
1 https://wordpress.org/?v=6.9.4https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.pngPetroyuan – DIGIT INFO
https://www.digit.info
3232BRICS Eyes Petroyuan for Oil Trade Amid Dedollarization Push, Expert Says
https://www.digit.info/brics-eyes-petroyuan-for-oil-trade-amid-dedollarization-push-expert-says/
Thu, 26 Sep 2024 01:30:34 +0000https://www.digit.info/brics-eyes-petroyuan-for-oil-trade-amid-dedollarization-push-expert-says/Read more]]>BRICS nations are considering adopting the petroyuan for oil trade as part of their ongoing dedollarization efforts, according to economic expert Herbert Poenisch. He noted the BRICS group may discuss alternatives to the petrodollar at their Kazan summit. He highlighted Saudi Arabia’s potential shift towards the petroyuan and Russia’s plans to reduce dollar reliance. However, […]
]]>Saudi Minister Hints at 86 Million Tonnes of Petroyuan Adoption, States Country Is ‘Open to New Ideas’
https://www.digit.info/saudi-minister-hints-at-86-million-tonnes-of-petroyuan-adoption-states-country-is-open-to-new-ideas/
Fri, 13 Sep 2024 17:10:27 +0000https://www.digit.info/saudi-minister-hints-at-86-million-tonnes-of-petroyuan-adoption-states-country-is-open-to-new-ideas/Read more]]>Bandar Alkhorayef, Saudi Minister of Industry and Mineral Resources, stated that while the petroyuan – the use of the Chinese currency to settle oil shipments – was not “substantial to the ministry,” the country was open to new ideas, trying not to mix politics and commerce. This hints at the yuan’s adoption for this purpose. […]
BRICS nations are considering adopting the petroyuan for oil trade as part of their ongoing dedollarization efforts, according to economic expert Herbert Poenisch. He noted the BRICS group may discuss alternatives to the petrodollar at their Kazan summit. He highlighted Saudi Arabia’s potential shift towards the petroyuan and Russia’s plans to reduce dollar reliance. However, […]
]]>
Bandar Alkhorayef, Saudi Minister of Industry and Mineral Resources, stated that while the petroyuan – the use of the Chinese currency to settle oil shipments – was not “substantial to the ministry,” the country was open to new ideas, trying not to mix politics and commerce. This hints at the yuan’s adoption for this purpose. […]
]]>