From the Financial Times - Why do we suppose the US dollar remains strong?

February 6, 2014
From the Financial Times - 
I have a question . . . When do we suppose crude petroleum contracts will start being denominated in RMB?  Do we assume Chinese oil firms already price in RMB for Chinese firms?  
I strongly recommend you read:

The Financial Times


February 6, 2014 6:39 pm

Why the dollar stays steady as America declines


By Gillian Tett


" . . . Last week, Kingsley Moghalu, Nigeria’s central bank pledged to convert almost a 10th of Nigeria’s $43bn reserves from dollars to the Chinese currency. “Ultimately the renminbi is likely to become a global convertible currency,” 



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