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Saudi Arabia open to settling trade without U.S. dollars
By Abeer Abu Omar and Manus Cranny
Tuesday, January 17, 2023
Saudi Arabia is open to discussions about trade in currencies other than the US dollar, according to the kingdom’s finance minister.
"There are no issues with discussing how we settle our trade arrangements, whether it is in the U.S. dollar, whether it is the euro, whether it is the Saudi riyal," Mohammed Al-Jadaan told Bloomberg TV today in an interview in Davos, Switzerland.
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"I don't think we are waving away or ruling out any discussion that will help improve the trade around the world," Al-Jadaan said. ...
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