Kuwait's finance minister said on Thursday the US dollar will remain the currency of oil trading because there was no problem in using the US currency.
The remarks follow a host of denials this week of a British newspaper report that Gulf Arab states were in secret talks with Russia, China, Japan and France to replace the dollar with a basket of currencies in trading oil.
"This is not on the cards," said Mustapha Al Shamali on a visit to London, when he was asked if there was a chance of replacing the dollar.
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