China-Saudi boosts yuan in oil trade | World Business Watch | WION News

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A new report from S&P global ratings sheds light on the evolving economic ties between China and Saudi Arabia, particularly regarding the use of yuan in oil transactions.
#china #globalmarket #saudiarabia

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YES use any currency just NOT USD when such funds wars & conflicts.

brianhong
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But the dollar vs rupeee doest seem to move

arthurgeorgedd
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They been saying for ten years when they are going do something?

HellBot-gisi
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Countries should strengthen bilateral, muiltilateral trade and settlements in own currencies. The US bullying is way too much to continue.

CK-joim
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Of course they will switch from USD to Yuan. Who in their right mind will trade in Rupees?

hengongchua
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India should make INR as a fully convertible currency like USD, EUR, etc. That is, if any Indian or someone else who has INR wants to convert it to another currency for no reason (yes for no reason) then it should be possible. Just like USD, EUR, etc.

firstpostcommenter
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India should leave brics and join G7. It will be a better option for them.

owenhoong
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Modi dreams rupees can do the same😮😅😅😅😂😂

zeetvisascam
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It means China wants a free oil. China will just print money and the rest of world will not accept the yuan as payment. If you want, try travel to abroad and see for yourself if your yuan can easily exchange it to any currency. 😂😀🤣🤣😂

brianharoldvidal