Dislikedwith tht news whats that mean for the dollar...surely that cant happen, what will be the consquences of oil being in priced in another currency..sorry to ask stupid questions?
Ignored
The story mentions CNY being used in the basket of currencies to price oil, which tells me the reality is likely to be years away, given the fact the Chinese are some distance from being comfortable with the notion of their currency being free floating and fully convertible in global financial markets.