Venezuela's President Nicolas Maduro holds a document as he speaks during a news conference at Miraflores Palace in Caracas, Venezuela February 14, 2020. REUTERS/Fausto Torrealba
CARACAS (Reuters) - Venezuelan President Nicolas Maduro said on Friday his decision to allow transactions in dollars in the crisis-torn South American country was "correct" and taken "in the midst of a war."
Maduro, a socialist, accuses the United States of waging "economic war" on the OPEC nation through sanctions on its crucial oil sector. The economy is in its sixth year of recession, marked by hyperinflation, shortages of basic goods, and the emigration of millions of Venezuelans.
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