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Attempt at De-Dollarisation? China-Saudi Arabia Sign Currency Swap Deal | Vantage with Palki Sharma

China and Saudi Arabia's central banks have signed a currency-swap agreement.

Beijing and Riyadh will now maintain reserves of Riyal and Yuan respectively.

Arab nations including the UAE, Saudi Arabia and Iran have been looking to de-dollarise their non-oil trades.

Palki Sharma tells you more.

Also Read: https://www.firstpost.com/opinion/van...
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China | Saudi Arabia | Currency Swap Agreement | De-Dollarisation | Firstpost | World News | Vantage | Palki Sharma

#china #saudiarabia #currencyswapagreement #dedollarization #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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