Russia and Venezuela are Evaluating to Ditch American Dollars and Adopt the Petro and the Ruble Instead

Venezuela and Russia are in talks to abandon the use of U.S. dollars in their transactions and replace this currency with rubles and Petros.

According to an article published by the Russian news portal RT, Jorge Valero, a representative of the South American country to the United Nations shared the news expressing that they seek to develop more effective and frictionless payment alternatives.

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