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Venezuela's Opposition Outlaws Petro Currency President Nicolas Maduro (Photo: Hugoshi, CC BY-SA 4.0)President Maduro announced the issuing of almost US$6 billion of petros as a way to raise hard currency and sidestep U.S. sanctions. Experts have said that investors are unlikely given the Socialist Party's previous nationalization of private ...
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Weekly Currency Insights It's been a hectic week already for currency markets, with the Pound, Euro and US Dollar all experiencing movement from economic and political ... The Euro fell against its main currency partners despite all the mostly positive data that came out of the Eurozone; such as EU retail sales going up 1.5% ...
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