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    تحريرها كلها ممكن@lemmy.ml to Geopolitics@sopuli.xyz · 1 year ago

    Saudi Arabia's petro-dollar exit: A global finance paradigm shift

    www.tbsnews.net

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    Saudi Arabia's petro-dollar exit: A global finance paradigm shift

    www.tbsnews.net

    تحريرها كلها ممكن@lemmy.ml to Geopolitics@sopuli.xyz · 1 year ago
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    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 currencies like Bitcoin may also be considered
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