Saudi Arabia Signals The End Of 'Petro' Status and Start of CBDCs

First published at 11:50 UTC on January 28th, 2023.

- One of the key pillars keeping the dollar in place as the world reserve is its petro-status, and this factor is often held up as the reason why the Greenback cannot fail. The other argument is that the dollar is backed by the full force of the US …

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