Saudi Arabia reportedly left China-led cross-border currency platform in 2025
The Financial Times reports that the kingdom’s central bank withdrew from a programme that is part of China’s effort to develop an alternative system to the dollar.
TLDR
Saudi Arabia’s central bank withdrew in 2025 from a China-led cross-border currency platform, the Financial Times reports. The newspaper describes the programme as part of China’s effort to develop an alternative system to the dollar.
Combined views
1.6M
2 Sources, first seen ago