Topic: Forex News – Venezuela's currency weakens, dips to 6000 bolivars against US dollar – International Herald Tribune

Venezuela's currency weakens, dips to 6,000 bolivars against U. Veneconomia, a local business publication that closely tracks trading, reported that U. The official exchange rate has been fixed by the government of President Hugo Chavez since early 2005 at 2,150 bolivars to one U. Venezuela has had a fixed rate since February 2003, when Chavez imposed currency and price controls. Rush of Cuban migrants use Mexican routes to U. read more

[Tags]u, currency, bolivars, chavez, fixed, government, forex news[/Tags]

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