Friday, April 4, 2014

Venezuela may slowly move toward open currency market -report


Venezuela may move toward an open currency market after more than a decade of exchange controls, a legislator with the ruling Socialist Party said in an interview published on Thursday. The government of President Nicolas Maduro last month opened a new currency platform meant to boost access to dollars amid product shortages and import bottlenecks that have stymied the OPEC nation's economic growth. More…

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