venezuela to sell oil in currencies other than us dollar
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
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

 



GMT 13:29 2018 Friday ,14 December

Turkey targets military over alleged Gulen links

GMT 09:47 2018 Monday ,10 December

Russian ex-policeman convicted over 56 murders

GMT 09:00 2018 Wednesday ,12 December

May tours Europe in desperate bid to save Brexit deal

GMT 15:46 2018 Wednesday ,12 December

Festive Fashion by Dubai-based designer ASMARAÏA

GMT 10:03 2018 Monday ,10 December

23 Palestinians arrested in West Bank

GMT 09:12 2018 Wednesday ,12 December

Ford trains 1,600 motorists in Mideast, Africa in 2018

GMT 10:16 2018 Wednesday ,12 December

Hariri Reaches London To Partake In Lebanon Uk Forum

GMT 10:09 2018 Monday ,10 December

Jewish extremists attack Palestinian-owned vehicles

GMT 01:14 2017 Wednesday ,18 October

Ban tells world leaders 'a political

GMT 16:08 2017 Monday ,18 December

Knight & Wilson Colour Freedom introduces new shades

GMT 12:22 2017 Thursday ,09 March

Coping with exam stress as a parent

GMT 11:27 2018 Tuesday ,11 December

22 dead across three Afghan provinces

GMT 17:28 2017 Thursday ,16 February

PM starts meetings with new ministers Saturday
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 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

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