Hi guys, Welcome to the Advanced Video Search Engine, and you are watching Saudi and China Push for De-Dollarization With a $7 Billion Currency Swap. That video is uploaded by Rise of Asia at 2023-11-25T04:00:38-08:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [hCCTKz18qW0]
| Name | Saudi and China Push for De-Dollarization With a $7 Billion Currency Swap |
| Video Uploader | Video From Rise of Asia |
| Upload Date | This Video Uploaded At 25-11-2023 12:00:38 |
| Video Discription | ๐ค Is the world on the brink of a significant shift away from the US dollar? Join us as we explore the recent $7 billion currency swap between China and Saudi Arabia, a groundbreaking move in the global trend of dedollarization. ๐๐ต On November 21st, China and Saudi Arabia signed a currency swap agreement, challenging the longstanding dominance of the US dollar in international trade. While the monetary value may seem modest, the symbolic impact is immense, especially considering Saudi Arabia's position as the world's leading oil exporter. In this video, we delve into the details of the currency swap deal, its implications for both nations, and the broader context of dedollarization. Discover why this move is crucial for China's ambitions, how Russia's sanctions have accelerated the shift to alternative currencies, and the active promotion of non-dollar transactions by countries like Brazil, Malaysia, and Indonesia. ๐ Join the discussion on whether dedollarization is a reality and if it could lead to a decline in the dollar's dominance. Share your thoughts in the comments below, hit the like button if you found the content intriguing, and subscribe for more captivating insights into the evolving global economic landscape! ๐๐ Chapters: 0:00 DeDollarization is Happening 1:13 The Currency Swap Deal Between China and Saudi Arabia 4:15 The Rise of the Chinese Yuan 7:49 BRICS Expansion Will Accelerate De-Dollarization ______________________ ๐ฅ The Ultimate Growth Tool For YouTube Channels ๐ฅ ๐ Create, manage, and grow your channel with tools built for Creators ๐ Boost your click-through rates with Thumbnail Analyzer tool ๐ Get game-changing AI insights with A/B Testing tool ๐ Dominate YouTubeโs search results with Keyword Explorer tool โญ๏ธ Download TubeBuddy extension for FREE on your desktop today! โ Go here https://bit.ly/TubeBuddy250 ______________________ #Dedollarization #CurrencySwap #GlobalEconomy #SaudiArabia #China #SaudiChinaDeal #oiltrade #dollarcollapse #geopolitics #crudeoil #BRICS #bricsexpansion hCCTKz18qW0 |
| Category | People & Blogs |
| Tags | dedollarization | dollar collapse | Saudi Arabia | China | oil trade | currency swap | China influence | geopolitics | BRICS | BRICS expansion | petrodollar | petroyuan |
