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Foreign Exchanges
Foreign Exchanges
The Week in Review: December 3-9, 2022
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FX Week in Review

The Week in Review: December 3-9, 2022

Xi Jinping visits Saudi Arabia, the Russian oil price cap takes effect, and more

Kendrick
Dec 11, 2022
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Foreign Exchanges
Foreign Exchanges
The Week in Review: December 3-9, 2022
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This week, Ankara laid out its terms for the SDF’s withdrawal from the Syrian-Turkish border, with a Turkish invasion looming. Xi Jinping visited Saudi Arabia to sign commercial deals with several Gulf states. Reports that Iran had decided to abolish its morality police remain inconclusive. The EU/G7’s price cap on Russian oil took effect on Monday, receiving criticism from both Russia and Ukraine. And, Washington hosted key Australian officials as part of its broader effort to bolster US influence in the Pacific Islands.

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