# Saudi Arabia quits China-led cross-border currency platform

https://mins.news/en/item/65993

- Financial Times, 2026-09-20 04:00 UTC
- Economy
- Original: https://www.ft.com/content/ac104987-f43d-4e7d-97b6-057d98f7e422?syn-25a6b1a6=1

> Saudi Arabia’s central bank withdrew last year from a China-led cross-border currency programme, part of Beijing’s effort to develop an alternative to the dollar-based system.

## Related coverage

- [What Saudi Arabia’s exit means for China-led mBridge amid global de-dollarisation](https://mins.news/en/item/68208) — South China Morning Post, 2026-09-22