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Saudi Arabia quits China-led cross-border currency platform

Kingdom’s central bank withdrew last year from programme which is part of Beijing’s effort to develop an alternative system to the dollar

1 report1 sourceSep 20, 2026, 4:00 AM
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Financial TimesSep 20, 2026, 4:00 AM

Saudi Arabia quits China-led cross-border currency platform

Kingdom’s central bank withdrew last year from programme which is part of Beijing’s effort to develop an alternative system to the dollar

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