# De-dollarization

**URL:** <https://discussion.fool.com/t/de-dollarization/98633>\
**Category:** Macro Economic Trends and Risks\
**Created:** [November 21, 2023, 11:01am UTC](https://discussion.fool.com/t/de-dollarization/98633 "2023-11-21T11:01:47Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![Divitias](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/divitias/32/9302_2.png) [@Divitias](https://discussion.fool.com/u/Divitias)\
**Post date:** [November 21, 2023, 11:01am UTC](https://discussion.fool.com/t/de-dollarization/98633/1 "2023-11-21T11:01:47Z")

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I didn’t expect this given the reported state of the Chinese economy:

> **[China and Saudi Arabia sign a $7 billion currency swap agreement, adding to...](https://uk.news.yahoo.com/china-saudi-arabia-sign-7-010408821.html)**
>
> The agreement marks the latest move to boost internationalization of the yuan in global finance in an attempt to dethrone the dollar.

Not a massive deal but interesting nevertheless

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**Author:** ![Hawkwin](https://g.foolcdn.com/misc-assets/discourse-member-avatar_120px_green600.png) [@Hawkwin](https://discussion.fool.com/u/Hawkwin)\
**Post date:** [November 22, 2023, 5:22pm UTC](https://discussion.fool.com/t/de-dollarization/98633/2 "2023-11-22T17:22:03Z")

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> sign a $ **7 billion** currency swap…

And in related news:

The Argentine economy, worth an estimated **$600 billion** , intends to dollarize.

~chuckle~

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**Author:** ![Divitias](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/divitias/32/9302_2.png) [@Divitias](https://discussion.fool.com/u/Divitias)\
**Post date:** [November 22, 2023, 5:47pm UTC](https://discussion.fool.com/t/de-dollarization/98633/3 "2023-11-22T17:47:00Z")

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I did write the following in my post:

> [@Divitias](#):
>
> Not a massive deal but interesting nevertheless