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View Full Version : Venezuela Bolivar Drops to 16-Month Low on Devaluation Concern - Bloomberg



NewsWhore
03-20-2009, 02:10 PM
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Venezuela Bolivar Drops to 16-Month Low on Devaluation Concern (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Da.7f2n16w03A%26refer%3Dnews&cid=1317743625&ei=H8_DSZLxLZPK6QO80qX9Dg&usg=AFQjCNG6TEWPcmZV5sSyr6uOHgNB5kyY3w)
Bloomberg
The currency is down 14 percent this year in the parallel market, where Venezuelans turn when they can’t get government authorization to buy dollars at the official rate of 2.15. Goldman Sachs Group Inc. economist Alberto Ramos said today the ...


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