Friday, February 8, 2013

Venezuela: Government Devalues Currency

According to The Associated Press, the government of President Hugo Chávez has devalued the bolívar. Effective immediately, the fixed exchange rate is changing from 4.30 bolivars to the US$ to 6.30 bolivars to the dollar.


Read more here: http://www.idahostatesman.com/2013/02/08/2444352/venezuela-announces-currency-devaluation.html#wgt=rcntnews#storylink=cpy