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Dollar hit by report to drop greenback for oil - The dollar fell hard Tuesday after a new report said Gulf states might stop using the US currency for oil transactions, despite denials by countries cited.

That can be the end of USD.
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Replies, comments and Discussions:

  • 枫下茶话 / 政治经济 / Dollar hit by report to drop greenback for oil - The dollar fell hard Tuesday after a new report said Gulf states might stop using the US currency for oil transactions, despite denials by countries cited.
    • That can be the end of USD or end of capitalist(#5592076@0)
    • Doesn't this show 政府如何操控油价和汇率是一个太大话题? Do you believe oil is run by a free market? According to the conservative value, you should oppose it.
      • Can you please define what a free market is first? Does any government control the oil market? Canada? US? China? And how did government control FX using this particular example. I think it is a good example that governments
        did not work together. US government is on one side, where European governments are on the other side, they don't work together.
        • bbC 伊朗几年前就已经率先宣布抛弃美元,改以欧元来支付其石油交易。
          • interesting!
        • Com on. Did I say government is running oil market?
          • "Doesn't this show 政府如何操控油价", I was wrong, you said government controlled old price, not oil market.
          • So how do governments control oil price?