Thursday, April 5, 2018

The Almighty Dollar: Is US Dominance In The Oil Trade Waning As China Begins Using RMB For Payment?

China is reportedly planning to launch a pilot program to pay for oil in RMB. Will this mark the beginning of the end for dollar dominance in the oil trade?

from Forbes Real Time https://www.forbes.com/sites/sarahsu/2018/04/05/the-almighty-dollar-is-us-dominance-in-the-oil-trade-waning-as-china-begins-using-rmb-for-payment/
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