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Economy of Venezuela - Wikipedia

en.wikipedia.org/wiki/Economy_of_Venezuela

The economy of Venezuela is largely based on the petroleum sector and manufacturing. .... The bolivar, which had been suffering from serious inflation and devaluation .... According to Bank of Ameri...

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.

Absent Chavez devalues Venezuela currency to aid government ...

www.reuters.com/article/us-venezuela-currency-devaluation-idUSBRE91710B20130209

Feb 8, 2013 ... Venezuela devalued its bolivar currency by 32 percent on Friday in a widely ... in a widely expected move to shore up government finances after blowout .... Announcing the devaluation at a late afternoon news conference just before ... of ECB · Oil dips as OPEC, Russian output rises ahead of production cut.

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

www.bloomberg.com/news/articles/2016-02-17/venezuela-raises-gasoline-prices-for-first-time-since-1996-ikrf0ppn

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 sharply devalues its currency - USA Today

www.usatoday.com/story/news/world/2013/02/09/venezuela-devalues-currency/1904017/

Feb 9, 2013 ... Venezuela's government announced Friday that it is devaluing the country's currency, a long-anticipated change expected to push up prices in the ... The devaluation had been widely expected by analysts in recent months, ... since 2010, and it pushed up the price of the dollar against the bolivar by 46.5%.

Venezuela Currency Devaluation - Wealth Daily

www.wealthdaily.com/articles/venezuela-currency-devaluation/4903

Dec 19, 2013 ... Venezuela is planning to devalue its currency in an effort to bring ... value of the USD and weakening Venezuela's bolivar, resulting in skyrocketing ... per dollar — effectively cutting the value of Venezuela's currency in half for foreigers. ... The nation's gold industry is also expected to be made eligib...

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

www.nytimes.com/2013/02/09/world/americas/venezuela-devalues-currency-amid-shortages-and-inflation.html

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 ...

Venezuela Currency Loses 45% This Month as Hyperinflation ...

mishtalk.com/2016/11/24/venezuela-currency-loses-45-this-month-as-hyperinflation-escalates/

Nov 24, 2016 ... Venezuela's currency – the so-called “strong bolivar” – is weakening beyond ... a widely-watched website that tracks the exchange rate in Caracas. ... be available at the floating DICOM rate, amounting to a 1,425.9% devaluation. ... Venezuelan state oil company PDVSA announced Monday that creditors ...

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

www.bbc.co.uk

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's currency devaluation set to further hurt U.S. companies ...

www.reuters.com

Feb 13, 2015 ... A massive effective devaluation of Venezuela's bolivar currency will likely ... The decision, announced late on Thursday, would almost wipe out ...

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 ...