Davos 2023: Saudi Arabia 'open' to discuss trading in non-dollar currencies

Qatar also voiced support for Elon Musk’s leadership of Twitter at the annual forum in Davos, Switzerland.
Saudi Minister of Finance Mohammed Al-Jadaan arrives to attends the Euromoney conference in the Saudi capital Riyadh on May 2, 2018 . - The two-day conference will focus on Saudi Arabia's finance and investments.(Photo by FAYEZ NURELDINE/AFP via Getty Images)
Saudi Minister of Finance Mohammed Al-Jadaan arrives to attend the Euromoney conference, Riyadh, Saudi Arabia, May 2, 2018. - Fayez Nureldine/AFP via Getty Images
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Adam Lucente
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Saudi Finance Minister Mohammed Al-Jadaan said on Tuesday that the kingdom is open to trading in currencies aside from the US dollar in order to “improve trade.” 

“There are no issues with discussing how we settle our trade arrangements, whether it is in the US dollar, whether it is the euro, whether it is the Saudi riyal,” Jadaan told Bloomberg at the World Economic Forum in Davos, Switzerland. 

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