January 17, 2023 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. Why it matters: Jadaan’s comments are the latest indication some Middle Eastern states are moving away from the US dollar — albeit slightly. Last year, The Wall Street Journal...