Comment on BHP agrees to settle some iron ore sales to China using RMB instead of USD
rcbrk@lemmy.ml 1 year ago
It seems strange that trade between China and Australia would be in USD.
Comment on BHP agrees to settle some iron ore sales to China using RMB instead of USD
rcbrk@lemmy.ml 1 year ago
It seems strange that trade between China and Australia would be in USD.
princessnorah@lemmy.blahaj.zone 1 year ago
Trade between most countries is settled in USD. Power of the petrodollar and all that.