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Economy of Venezuela

en.wikipedia.org/wiki/Economy_of_Venezuela

The economy of Venezuela is largely based on the petroleum sector and manufacturing. .... The bolivar, which has been suffering from serious inflation and devaluation relative to .... Maduro's n...

Venezuela announces new currency system, large devaluation seen ...

www.reuters.com/article/us-venezuela-economy-idUSKBN0LE1RS20150210

Feb 10, 2015 ... Venezuela announces new currency system, large devaluation seen ... A cashier counts Venezuelan bolivar notes in a state-run ... market, according to widely referenced website dolartoday.com. ... N) said during a conference call on Tuesday that it expects Venezuela pricing provisions will continue to ...

Venezuela devalues currency by 32% against the dollar - BBC News

www.bbc.co.uk/news/world-latin-america-21391984

Feb 9, 2013 ... In a widely expected move, Venezuela cuts the value of its currency by 32% ... Image caption The devaluation of the bolivar is expected to have an impact ... It was announced after Vice-President Nicolas Maduro's return from ...

Venezuela devalues currency against US dollar - Al Jazeera English

www.aljazeera.com/news/americas/2013/02/2013296490217208.html

Feb 9, 2013 ... Bolivar loses 32 percent of its value against the dollar in move the ... Venezuela is devaluing its currency by 32 percent against the dollar on the ... But another effect is to cut the deficit, which in Venezuela last year ... The change had been widely expected by analysts and business leaders since last year.

Venezuela announces new currency system, large devaluation seen ...

business.financialpost.com/news/economy/venezuela-announces-new-currency-system-large-devaluation-seen

Feb 10, 2015 ... Venezuela announces new currency system, large devaluation seen ... A vendor counts bolivar notes at her stall in Caracas on February 10, 2015. ... oil prices · Venezuela debt rating cut by Moody's as oil prices continue falling ... on the black market, according to widely referenced website dolartoday.com.

Venezuela devalues currency - Telegraph

www.telegraph.co.uk/finance/economics/9859005/Venezuela-devalues-currency.html

Feb 8, 2013 ... Venezuela's government is devaluing the country's currency, ... The devaluation had been widely expected by analysts in recent ... first devaluation to be announced by Chavez's government since 2010, ... down the official value of the bolivar by 46.5pc against the dollar. ... Cardboard cut-out of Ed Miliband.

Venezuela Announces Currency Devaluation - Fox News Latino

latino.foxnews.com/latino/politics/2013/02/09/for-first-time-in-3-years-venezuela-devalues-currency/

Feb 9, 2013 ... Venezuela's government has had strict currency exchange controls since 2003 ... The devaluation had been widely expected by analysts in recent ... and it pushed up the price of the dollar against the bolivar by 46.5 percent.

Venezuela devalues currency for first time since 2010 | World news ...

www.theguardian.com/world/2013/feb/08/venezuela-devalues-currency

Feb 8, 2013 ... Widely forecast devaluation expected to push up prices in import-reliant economy . ... Venezuela has changed the fixed exchange rate from 4.30 bolivars to the ... Venezuela's government announced on Friday that is devaluing the ... has flourished and the value of the bolivar has recently been eroding.

[Chart] The Demise of the Venezuelan Bolívar Continues

www.visualcapitalist.com/the-demise-of-the-venezuelan-bolivar-continues-chart/

May 29, 2015 ... On July 9, 2016, the bitcoin halving event cut the rewards for mining in ha. .... Russia and Venezuela are no exception, and their currencies have been some ... The government is currently working to shut down the widely followed ... Ford announced that it will only accept USD in Venezuela, and American ...

CURRENCY WARS ARE HERE? FEBRUARY 2013….. – ~II~The ...

thewatchtowers.com/currency-wars-are-here-february-2013/

Feb 12, 2013 ... Read more: http://www.foxnews.com/world/2013/02/08/venezuela-announces- widely-expected-currency-devaluation-cutting-bolivar-value/# ...

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Venezuela Hikes Gas Price, Devalues Bolivar as Economy Tanks ...

www.bloomberg.com

Feb 17, 2016 ... Venezuela hiked gasoline prices for the first time in almost two ... Maduro also announced a 20 percent increase to the country's minimum wage effective March 1. ... of gross domestic product include a “sharp” currency devaluation, a hike in gasoline and electricity prices and spending cuts, Barclays Plc ...

Venezuela's currency: The not-so-strong bolívar | The Economist

www.economist.com

Feb 11, 2013 ... In the seventh devaluation during the presidency of Hugo Chávez, ... Since he took office in 1999, the cost of the dollar in bolívar terms ... GDP is expected to stagnate in 2013, while inflation continues to rise. ... And the bolívar will face even more downward pressure now that the government has announced ...

Venezuela Devalues Currency Amid Shortages and Inflation - The ...

www.nytimes.com

Feb 8, 2013 ... 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 ... CARACAS, VenezuelaVenezuela announced Friday that it was devaluing its currency, a step ... The move had been widely anticipated, but it had been unclear ...