petro dollar

  1. FAH1223

    China taking first steps to pay for oil in yuan

    HONG KONG/BEIJING (Reuters) - China is taking its first steps towards paying for imported crude oil in yuan instead of the U.S. dollar, three people with knowledge of the matter told Reuters, a key development in Beijing’s efforts to establish its currency internationally. Shifting just part of...
    • FAH1223
    • Thread
    • china iran oil opec petro dollar petro yuan russia saudi arabia usa venezuela
    • Replies: 9
    • Forum: Higher Learning
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