Venezuela to use US-brokered oil sale to boost battered currency

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France 24
01:54Z

Venezuela’s interim president Delcy Rodriguez confirmed Tuesday that her country would start using revenues from a US-brokered oil sale to prop up the bolivar against the dollar. Rodriguez has also appointed US-educated banker Calixto Ortega to head the country’s main investment agency, in a move seen as an overture to US investors after Nicolas Maduro’s ouster.

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