Wednesday, January 22, 2014

Venezuela: new forex system or stealth devaluation? - Financial Times (registration) (blog)









Venezuela: new forex system or stealth devaluation?

Financial Times (registration) (blog)

Ramírez said it will be strengthened, offering about $220m a week, and broadened to several sectors such as tourism, remittances and non-essential imports. It is believed that announcing a real devaluation in the open would be politically costly. For ...









via tourism in Venezuela - Google News http://ift.tt/1jBvXaG

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