What are the implications on the Saudi economy if the Saudi government decided to disengagement the Saudi riyal from the US dollar?
The US dollar has been dominating the global economy as the world’s reserve currency for decades. However, under the fluctuations of economics and changes in global power, the dollar became questionable for the sustainability of this system.
1) In your opinion, is it in the interest of the world to abandon the US dollar?
2) What are the implications on the Saudi economy if the Saudi government decided to disengagement the Saudi riyal from the US dollar?