US Treasury Chief Suggests Russia Could Return to Dollar System After Ukraine Conflict
13 Articles
13 Articles
Scott Bessent, in statements for the CCAB network’s Squawk Box program, said that “the new Venezuela will bill in dollars,” even though its official currency is the bolívar. The Secretary of the Treasury of the United States recalled that due to financial sanctions Venezuela was not allowed to convert or carry out transactions in dollars, a situation that forced it to place its oil at a discount and receive payments outside the dollar, having Ch…
U.S. Treasury Secretary Scott Bessent said on Tuesday that a “new Venezuela” will return fully to the international financial system and carry out its trade operations in dollars. “The new Venezuela will bill in dollars, they are returning to the dollar system,” Bessent said during his intervention in an interview with the CNBC chain. The official explained that under the previous regime and the strong sanctions, Venezuela was forced to sell its…
US Treasury Chief Suggests Russia Could Return to Dollar System After Ukraine Conflict
US Treasury Secretary Scott Bessent said Russia may return to conducting transactions in US dollars after the military conflict in Ukraine comes to an end. According to the US finance chief, "everyone wants” to be part of the dollar-based financial system. He also announced Washington's intention to bring Iran and Venezuela back into that system. Russia Could Rejoin Dollar-Based Financial Network "You know, I would anticipate when the Russia-Ukr…
The Secretary of the Treasury of the United States, Scott Bessent, said this Wednesday in an interview with the CNBC chain that “the new Venezuela is going to invoice in dollars” and that this currency will be the “central axis” of its trade. “The new Venezuela is going to invoice in dollars (...). It was not allowed to convert or carry out transactions in dollars [...] The entry Secretary of the Treasury of the United States says that the dolla…
www,finanzasdigital.com The Secretary of the Treasury of the United States, Scott Bessent, said this Wednesday in an interview with CNBC that “the new Venezuela” will be billed again and... The post Scott Bessent says that “the new Venezuela” will again operate in dollars appeared first on Digital Finance.
News of the Day and the Hour Latest News of the day The U.S. Secretary of the Treasury, Scott Bessent, said on Wednesday, June 24, that the U.S. dollar will be "the centerpiece" of trade in a possible "new Venezuela." The U.S. high official made these statements during public statements highlighting the role of the U.S. currency in the global economy and the role it has played in the economic strategy applied by the Donald Trump administration …
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