How low will the dollar go?

Many analysts suggest that Saddam Hussein’s switch from the dollar to the euro for oil trading was one of the core reasons for the 2003 U.S.-led invasion. Now Iran, the 2nd largest OPEC producer, is getting ready to open a new oil bourse that will trade in euros. And Venezuela is said to be actively discussing the same move.

https://www.inform.kz/showarticle.php?lang=eng&id=142475


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