venezuela to sell oil in currencies other than us dollar
Last Updated : GMT 05:21:58
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 05:21:58
Arab Today, arab today

Venezuela to sell oil in currencies other than US dollar

Arab Today, arab today

Arab Today, arab today Venezuela to sell oil in currencies other than US dollar

Venezuela to sell oil in currencies other than US dollar
Caracas - Arab Today

Venezuelan President Nicolas Maduro announced on Friday his government will sell oil and other commodities in currencies other than the dollar, in a bid to weather US-imposed sanctions on the embattled country.
“I have decided to start selling oil, gas, gold and all other products that Venezuela sells with new currencies, including the Chinese yuan, the Japanese yen, the Russian ruble, the Indian rupee among others,” he said during a television broadcast.
“A economy free from the US imperialist system is possible.”
Washington’s tough new sanctions on Caracas bar US banks from trading in new bonds issued by the government or the state run oil company PDVSA. The goal is to restrict Venezuela’s access to vital bond and equity markets.
The aim is to “deny the Maduro dictatorship a critical source of financing to maintain its illegitimate rule,” the White House said.
Maduro railed that they amounted to a financial and economic blockade, as ratings agency Fitch downgraded Venezuela and warned default was now likelier.
The country has to make $3.8 billion (SR14.25 billion) in debt payments in October and November, while its foreign currency reserves have sunk under $10 billion

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

venezuela to sell oil in currencies other than us dollar venezuela to sell oil in currencies other than us dollar

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

venezuela to sell oil in currencies other than us dollar venezuela to sell oil in currencies other than us dollar

 



Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today For the Variety of Interior Design Styles

GMT 11:14 2017 Tuesday ,19 December

For the Variety of Interior Design Styles

GMT 14:25 2017 Thursday ,01 June

Modi woos Spanish firms to invest in India

GMT 21:18 2017 Sunday ,26 March

Egypt marks Earth Hour today

GMT 14:30 2016 Tuesday ,27 September

Mosque, congress center attacked in Dresden, Germany

GMT 04:28 2016 Saturday ,15 October

FIFA boss makes gains on World Cup expansion

GMT 20:11 2016 Monday ,11 July

2 Earthquakes hit Ecuador

GMT 18:02 2017 Wednesday ,11 October

Streep, Dench voice outrage at Weinstein sex revelations

GMT 08:53 2017 Wednesday ,22 March

Qatari Amir receives letter from Kuwaiti Amir

GMT 01:07 2017 Friday ,08 September

UN says 164,000 refugees enter Bangladesh from Myanmar

GMT 00:23 2017 Friday ,21 July

MH370 search reveals hidden undersea world

GMT 04:18 2017 Wednesday ,08 February

New Samsung maintenance center in Jeddah

GMT 19:19 2017 Monday ,20 March

Rare butterfly killer convicted in Britain

GMT 07:49 2016 Saturday ,31 December

Saudi invites rival Iran for talks on hajj return

GMT 20:08 2017 Thursday ,27 July

Hany underlines challenges facing Egypt

GMT 13:15 2017 Wednesday ,18 January

Neck injury forces Australia's Lynn out of ODI series
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday