Venezuela and Russia Discuss Mutual Trades in Petro and Russian Ruble: Report

News

Venezuela’s representative to the UN reportedly revealed that the country is working with Russia to use oil-backed coin Petro. Venezuela is considering to close mutual trade settlements with Russia using the ruble, Russian government-backed TV channel RT reports on May 17. Jorge Valero.Venezuela’s representative to the United Nations in Geneva said they are also discussing uses for the state-owned Petro (PTR) cryptocurrency.Valero reportedly revealed that Venezuelan authorities are now working with Russia to find opportunities for eliminating the use of the United States dollar in trade deals between the two countries.As such, the two countries’ authorities are purportedly mulling the…
Click Title Below To Read Details From Source:
Venezuela and Russia Discuss Mutual Trades in Petro and Russian Ruble: Report

Leave a Reply

Your email address will not be published. Required fields are marked *