minus-squarePistcow@lemmy.worldtoAsk Lemmy@lemmy.world•Why don't nations purchase crude oil from each other only using their own currencies instead of US Dollars?linkfedilinkarrow-up12·11 days agoTo that effect all internationnal goods are purchased in a negotiated currency . Used to deal with Chinese manufacturers and had a discount or penalty depending on the currency used. linkfedilink
To that effect all internationnal goods are purchased in a negotiated currency . Used to deal with Chinese manufacturers and had a discount or penalty depending on the currency used.