The flow of dollars to oil exporting countries (most of whom are in OPEC) in exchange for their oil to meet the rising demand in developing countries and developed countries.
The Petro dollar market is the relationship between the cost of a good or service in relation to the barrel of oil. Products or services will go up or down in relation to the barrel of oil prices.
"petro" means "oil"
of Boom
The meaning of a retail boom is when sales are going extraordinarily well. In order to be considered a boom, this increase in sales must take place over a short period of time.
The meaning of the word boom is: to make a resonant sound, like artillery; "His deep voice boomed through the hall."
Petro Voinovsky died in 1996.
Petro Voinovsky was born in 1913.
Petro Zakhvalynsky was born in 1912.
Petro Zakhvalynsky died in 1943.
Petro Stojan died in 1961.
Petro Stojan was born in 1884.
Petro Parfenii died in 1665.