Can Saudi Arabia shake the dollar's grip?
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The dollar's dominance is coming to an end
The world will soon see the launch of two major projects that will change the rules of international trade. Saudi Arabia has terminated its agreement to settle oil payments in dollars, while Russia and China are actively promoting payments in their own currencies.
Can these initiatives usher in a new era of international trade, free from the dominance of the dollar?
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Advertisement JSC TBank, Universal License of the Central Bank of the Russian Federation No. 2673 dated March 24, 2015, erid: 2Vtzqx2EDt1