Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,206 members, 7,818,705 topics. Date: Sunday, 05 May 2024 at 10:14 PM

Hugh:saudi Arabia Consider Accepting Yuan Instead Of Us Dollars In Chinese Oil S - Foreign Affairs - Nairaland

Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Hugh:saudi Arabia Consider Accepting Yuan Instead Of Us Dollars In Chinese Oil S (165 Views)

Egypt Devalues Its Pound, Loses Over 50% Against US Dollars / Vsevolod Kniaziev Arrested For Accepting $2.7 Million Bribe / Biden Freezes Billions Of Dollars In Afghan Reserves (2) (3) (4)

(1) (Reply) (Go Down)

Hugh:saudi Arabia Consider Accepting Yuan Instead Of Us Dollars In Chinese Oil S by Ludlum(m): 3:14pm On Mar 15, 2022
According to walls street journal,the kingdom of saudi is considering accepting yuan instead of dollars.

Re: Hugh:saudi Arabia Consider Accepting Yuan Instead Of Us Dollars In Chinese Oil S by Svlla: 3:19pm On Mar 15, 2022
grin

Good

Russia is already doing massive trade with the Yuan

The Gulf countries too should deal with the Chinese yuan.....

Recall even our President once deal with $2billion worth of yuan

I see the Dollar Global dominance dwindling

3 Likes

Re: Hugh:saudi Arabia Consider Accepting Yuan Instead Of Us Dollars In Chinese Oil S by tonididdy(m): 4:02pm On Mar 15, 2022
Highly welcomed.

2 Likes

Re: Hugh:saudi Arabia Consider Accepting Yuan Instead Of Us Dollars In Chinese Oil S by chronique(m): 4:04pm On Mar 15, 2022
Every country has seen how the west has tried to make the Russian economy useless with their sanctions and I guess countries would now start looking for alternatives. If more countries key into accepting the yuan, the dollar would lose ⅓ of its value in no distant time. Demand for the dollar for international settlements is the only reason it is strong. The moment countries start reducing their demand for the dollar, it automatically starts losing its value.

1 Like

Re: Hugh:saudi Arabia Consider Accepting Yuan Instead Of Us Dollars In Chinese Oil S by MERCHANDISER: 4:08pm On Mar 15, 2022
Na China win the war
Re: Hugh:saudi Arabia Consider Accepting Yuan Instead Of Us Dollars In Chinese Oil S by Nobody: 4:23pm On Mar 15, 2022
bring your PayPal funds for quick cash

(1) (Reply)

Why Did Ukraine Suspend 11 ‘pro-russia’ Parties? / Ukraine War And The Biden Revelation / What "If"

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 6
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.