Saudi Arabia's Surplus Hits $11B, 7 Month Peak as Petrodollar Lapse Continues
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#7a21bb5d ver:0.78
Saudi Arabia's trade surplus hits $11B, highest in 7 months, driven by non-oil exports. The petrodollar lapse continues, signaling a shift towards a multipolar currency system. The end of the petrodollar agreement raises questions about the future of the US dollar's dominance. Saudi Arabia's decision aligns with efforts to diversify international relations and reduce vulnerability to US sanctions. The rise of alternative currencies like yuan and euro may challenge the dollar's global reserve status. #SaudiArabia #tradebalance #petrodollar #de-dollarization...
#newstr #SaudiArabia #TradeBalance #NonoilExports #Petrodollar
https://here.news/story/7a21bb5d?ver=0.78