From Petrodollar to Petroyuan: The Biggest Currency Shift Since 1974 | The dollar’s share of global foreign exchange reserves has fallen to roughly 57%, its lowest level since 1994, down from 71% at the start of 1999.
https://www.ebc.com/forex/from-petrodollar-to-petroyuan-the-biggest-currency-shift-since-1974
Posted by ConferenceLow8960
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Why doesn’t Iran charge tanker tolls in its own currency? Instead of RMB. The depreciation of IRR is what sparked their COL riots at the start of the year. Surely they can use the external currency demand for the oil tolls.