đ Big news in the world of finance and energy!
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The long-standing đ” petrodollar system, which tied global oil trades to the US dollar, is taking a turn. As of June 9, 2024, Saudi Arabia has decided to diversify the currencies it accepts for oil. đ
đžđŠ The Kingdom will now welcome payments in multiple currencies like the Chinese RMB, Euros, Yen, and Yuan. This could be a game-changer for the global economy and might even pave the way for digital currencies to shine. đĄ
đ Keep an eye on this space as we explore how this shift could reshape our financial future!