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View Full Version : Venezuela Currency Trades in Parallel Market Slow on US Probe - Bloomberg



NewsWhore
03-27-2009, 04:10 PM
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Venezuela Currency Trades in Parallel Market Slow on US Probe (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaEmgjvlEcYDM%26refer%3Dlatin_america&cid=1321519951&ei=0DPNScXWEIrK6QPQk7zPCw&usg=AFQjCNHlbSuMr5RmcsB57rliUyUbqPUtDg)
Bloomberg
Venezuelans turn to the unregulated parallel market to obtain dollars when they can’t get permission to buy foreign currency from the government at the pegged rate of 2.15 bolivars per dollar. President Hugo Chavez implemented currency controls in 2003 ...


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