Sunday, February 12, 2012

News Feed Comments
You are here: Home / Arab / The Arab Oil Cartel has leaked the news of not using United States currency in Foreign Trade, then denied it?

The Arab Oil Cartel has leaked the news of not using United States currency in Foreign Trade, then denied it?

December 3, 2009 by  
Filed under Arab

1 Comment

do you think this leak was testing the markets?
Is it possible, the US Dollar will no longer be used in
foreign trade as the Worlds Currency?

Tags: , , , , , , , , , ,

Comments

One Response to “The Arab Oil Cartel has leaked the news of not using United States currency in Foreign Trade, then denied it?”
  1. QuiteNewHere says:
    December 3, 2009 at 4:24 pm

    I have not heard anything to that effect but yes. the US dollar had steadily lost its position of power, more so in the last 10 months or so.

    WHat currency will take its place?
    the euro is a contender

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!

You must be logged in to post a comment.

Powered by Yahoo! Answers