Venezuela said it will shun the greenback and inject 2
billion euros ($2.3 billion) into its sinking economy as U.S. sanctions limit
the cash-strapped nation’s access to capital markets. Economy Vice President
Tareck El Aissami said Tuesday that going forward all government auctions of
foreign exchange would be quoted in euro, yuan and other hard currencies due to
a so-called financial blockade imposed by the administration of U.S. President
Donald Trump and the country’s political opposition. “Various actors continue
to attack our financial system," El Aissami said in remarks broadcast on
television. “We are not going to give in to foreign and imperialist interests.”
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