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eddyimano

02/20/17 9:35 AM

#14854 RE: CarlCarlMcB #14853

Since the agreements of 1971 and 1973, OPEC oil is exclusively quoted in US dollars. This created a permanent demand for dollars on the international exchange markets. As of 2005, OPEC continues to trade in US Dollars, but some OPEC members (such as Iran and Venezuela) have been pushing for a switch to the euro.

But euro is breaking apart, so you tell me.