Petro Dollar The dollar is the preeminent glo
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Posted On: 03/15/2022 8:33:57 PM
Petro Dollar
The dollar is the preeminent global currency. As a result, most international transactions, including oil, are priced in dollars. Oil-exporting nations receive dollars for their exports, not their own currency.
The dollar is the preeminent global currency. As a result, most international transactions, including oil, are priced in dollars. Oil-exporting nations receive dollars for their exports, not their own currency.
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