US Dollar Crisis 2023??
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Saudi Arabia's main export is oil, which they sell worldwide and only accept payment in US dollars. There have been reports that they are considering accepting Chinese currency for oil, but this has not yet been confirmed. Even if they do accept Chinese currency, they will still continue to accept US dollars as they know the US is their biggest oil buyer. There is no discussion of Saudi Arabia backing their currency with the Chinese yuan.
Saudi Arabia's main export is oil, which they sell worldwide and only accept payment in US dollars.