De-dollarization and BRICS’ ascendancy: The Decline of the USD as a Global Reserve Currency on Nostr: The Demise of the Petrodollar: Impact on the Dollar and Emerging Markets like India ...
The Demise of the Petrodollar: Impact on the Dollar and Emerging Markets like India
===============
#7a21bb5d ver:0.84
The end of the Saudi-US petrodollar deal threatens the US dollar's global reserve currency status. Saudi Arabia can now trade crude in any currency, including the Chinese RMB and Indian rupee. The impact on the US dollar has been minimal, but India has been less affected due to increased purchases of Russian oil in rupees. #Petrodollar #USD #India...
#newstr #Petrodollar #SaudiusPetrodollarDeal #Dollar #EmergingMarkets #India
https://here.news/story/7a21bb5d?ver=0.84Published at
2024-07-11 13:06:02Event JSON
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"content": "The Demise of the Petrodollar: Impact on the Dollar and Emerging Markets like India\n===============\t\n#7a21bb5d ver:0.84\n\nThe end of the Saudi-US petrodollar deal threatens the US dollar's global reserve currency status. Saudi Arabia can now trade crude in any currency, including the Chinese RMB and Indian rupee. The impact on the US dollar has been minimal, but India has been less affected due to increased purchases of Russian oil in rupees. #Petrodollar #USD #India...\n\n#newstr #Petrodollar #SaudiusPetrodollarDeal #Dollar #EmergingMarkets #India \n\n https://here.news/story/7a21bb5d?ver=0.84",
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