Iran dumps dollar for yuan
www.asiatimesfinancial.com
Adoption of Chinese RMB as foreign reserve currency seen as latest move to bypass US sanctions and revive oil sales
  • Bread_In_Baltimore [he/him]
    ·
    4 years ago

    Plans in China are long term and in 2009 I think they were still devaluing their currency.

    • ComradeMikey [he/him]
      ·
      4 years ago

      imagine when the worst crime people accused china of was currency manipulation ah what a time

      • Bread_In_Baltimore [he/him]
        ·
        4 years ago

        I wasn't a commie back then but I remember thinking "it sounds like they're just smart" lol

        • ComradeMikey [he/him]
          ·
          4 years ago

          i wasn’t either but i don’t remember china as big a boogie man to the extreme it is today