https://www.globaltimes.cn/page/202308/1296990.shtml
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With major oil exporters joining BRICS, local currency settlements rather than US dollar become more natural: analysts - Global Times
8/25/23 at 12:32pm
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Business & Industrial Business News oil exporters BRICS currency settlements U.S. Saudi Arabia United Arab Emirates Global Times Iran
With Iran, Saudi Arabia and the United Arab Emirates joining BRICS, the multilateral mechanism now includes major global oil producers and importers. Analysts said that a wider adoption of local currencies for trade among BRICS countries, rather than using th…
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