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Home Business The Petroyuan Myth: War Failed to Shake the Dollar

The Petroyuan Myth: War Failed to Shake the Dollar

Updated 5 months Ago1 Mins read146 Views
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The Petroyuan Myth: War Failed to Shake the Dollar
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A Chinese bank employee counts 100-yuan notes and 100-U.S. dollar bills at a bank counter in Nantong, Jiangsu Province, China, on Aug. 6, 2019. STR/AFP via Getty ImagesCommentaryDespite sanctions and two wars, the yuan is losing ground, with much of its earlier rise tied to Russia and now reversing.

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