De-dollarisation: Saudi Arabia’s Petrodollar exit and CBDC embrace
Saudi Arabia’s embrace of a multi-currency CBDC platform while simultaneously allowing its ‘Petrodollar agreement’ with the United States to expire calls into question whether the US dollar will be able to sustain its pre-eminence.
Is the Dollar’s influence in trade invoicing, a thing of the past?
De-dollarisation persists in a climate of ‘Global Systemic Resistance.’