Tuesday, May 23, 2006
Venezuala considers ditching dollar for euro on oil sales
Venezuala considers selling oil in Euros
Another one for those of us following petro-dollar developments - Hugo Chavez may be considering following Iran, and selling Venezuelan oil in Euros. What implications might this have for the $US?
Posted by TickTock @ 01:36 PM (740 views)
One thought on “Venezuala considers ditching dollar for euro on oil sales”
Add a comment
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
sirgoogle says:
Oooooh Yes. This is one step towards making the Euro the [http://en.wikipedia.org/wiki/Reserve_currency Reserve Currency]. We just need a few more OPEC countries to do this and Europe will see a financial renaissance (then the UK will join).