Commentary
There are numerous articles mentioning that Saudi Arabia may use the yuan, China’s domestic currency, for its oil exports.
A staff member counts money at a branch of the Bank of China in Lianyungang, Jiangsu Province of China, on Aug. 10, 2011. VCG/VCG via Getty Images
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Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat” (2015), and “Life in the Financial Markets.”
Author’s Selected Articles
