China & Saudi Arabia’s Currency Swap Suggests the End of Petrodollar!
In this intriguing video, I delve into the recent agreement between China & Saudi Arabia to swap their local currencies, Yuan and Riyal, worth a significant 50 billion Yuan or $7B in Saudi riyals. As the relationship between these two nations improves, questions arise regarding the potential impact on the long-standing dominance of the petrodollar. Could this be the beginning of its end?
Join me as I analyze the implications of this currency swap & explore how the US might respond considering the global trend of de-dollarization.
Stay tuned for an insightful discussion!
Follow Me on Twitter: @DOUALAALOU
Support the Channel:
@geopoliticaltrends/membership
Link to articles:
1 view
89
22
4 days ago 00:00:55 1
“义勇军进行曲| March of the Volunteers” — People’s Republic of China National Anthem