Search This Blog

Showing posts with label Venezuela's currency devaluation. Show all posts
Showing posts with label Venezuela's currency devaluation. Show all posts

Thursday, February 14, 2013

Venezuela devalues currency amid dollar shortage

CARACAS, Venezuela (AP) — Venezuela's currency devaluation took effect on Wednesday amid questions about how the government can get a grip on 22-percent inflation and satisfy growing demand for dollars to pay for imported goods.