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Consideration to replace US Dollar in crude oil transaction


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2009 Oct 7, 4:52am   695 views  0 comments

by kimtitu   ➕follow (0)   💰tip   ignore  

Read news somewhere Chinese, Japanese, Russian and other middle east countries are working on moving away from US dollar in crude oil transaction. If this becomes reality, what is the impact to interest rate, mortgage and eventually housing market in this US?

#housing

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