Venezuela Devalues Currency Amid Shortages and Inflation
The devaluation will set the bolívar at 6.3 instead of 4.3 to the dollar. The expected move was aimed at solidifying government finances and easing a tight market for dollars. [Source]
Publication Date:Origin: nytimes.com
Category: Currency
Topics: dollars, market, tight, easing, finances, government, solidifying, aimed, expected, dollar, instead, bolívar, devaluation, Inflation, Shortages, Currency, Devalues, Venezuela