The Chinese Yuan Will Never Replace the US Dollar as the World’s Reserve Currency
It has recently been in the news that Saudi Arabia is in talks to price its oil sales in the...
archiveGeopolitics
Chinese Ambassador Proposes Business in Local Currencies, Not US Dollar
“Now it’s a worldwide problem. This fluctuation in the dollar rate is because of the financial and the monetary policy...
What if – the US dollar loses its status as the world’s reserve currency?
So far, China has made only moderate use of this lever, as the use of the USD has also facilitated...
