The oil markets are in a weird place right now
The Daily Brief
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Currency Dynamics and Geopolitical Influences in Global Invoicing
This chapter examines the evolving landscape of global currency invoicing, emphasizing the dominance of the dollar and euro alongside the rising role of the Chinese renminbi. It also highlights the influence of geopolitical relationships on currency choices and the trend of nations diversifying away from the dollar in response to shifting alliances.
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