INSUBCONTINENT EXCLUSIVE:
Rio de Janeiro-based Petrobras, Latin America's largest oil company, is contemplating the possibility of trading in national currencies
instead of relying solely on the US dollar, according to CEO Jean-Paul Prates, writes Sputnik.Prates stated that Petrobras is open to
conducting contracts in yuan, particularly for countries like Argentina that face a scarcity of dollars.However, the company's shift towards
national currencies would require authorization from the Central Bank and the Ministry of
.To read the full NEWS and much more, Subscribe to our Premium Membership Plan
