The Manila Times

Venezuela to sell oil in currencies other than dollar

- AFP

CARACAS: Nicolas Maduro announced Friday his government will sell oil and other commoditie­s in currencies other than the dollar, in a bid to weather US-imposed sanctions on

“I have decided to start selling oil, gas, gold and all other new currencies, including the Chinese yuan, the Japanese yen, the Russian ruble, the Indian rupee among others,” he said during a

“A economy free from the US

Washington’s tough new sanctions on Caracas bar US banks from trading in new bonds issued by the government or the state run

dictatorsh­ip a critical source of -

Maduro railed that they - nomic blockade, as ratings agency

billion in debt payments in October and November, while its foreign currency reserves have sunk

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