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UAE Moving Away from the US Dollar Amid Growing Crisis In West Asia? China To Rescue Arab Nation?
Posted
April 20, 2026
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April 20, 2026
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3:40Now PlayingUnited Arab Emirates (UAE) warned U.S. officials that it may be forced to shift its oil sales to the Chinese yuan if it faces a shortage of dollar liquidity due to the ongoing regional conflict. UAE Central Bank Governor Khaled Mohamed Balama met with U.S. Treasury Secretary Scott Bessent to propose a currency-swap line to ensure continued access to dollars.
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#uae #dedollarization #usdollar #china #geopolitics #middleeast #economy #breakingnews #worldnews #internationalnews #mirrornow
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