Venezuela Lets Bolivar Depreciate 88% on New Sicad II Market

U.S. currency notes and Venezuelan bolivars are arranged for a photograph in Mexico City, Mexico, on Tuesday, March 25, 2014. Venezuela allowed the bolivar to weaken 88 percent on a new currency market after loosening controls, a move to increase dollar supplies needed to alleviate a record shortage of imports including medicine, food and toilet paper. Photographer: Susana Gonzalez/Bloomberg via Getty Images
U.S. currency notes and Venezuelan bolivars are arranged for a photograph in Mexico City, Mexico, on Tuesday, March 25, 2014. Venezuela allowed the bolivar to weaken 88 percent on a new currency market after loosening controls, a move to increase dollar supplies needed to alleviate a record shortage of imports including medicine, food and toilet paper. Photographer: Susana Gonzalez/Bloomberg via Getty Images
Venezuela Lets Bolivar Depreciate 88% on New Sicad II Market
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Credit:
Bloomberg / Contributor
Editorial #:
480521773
Collection:
Bloomberg
Date created:
25 March, 2014
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Source:
Bloomberg
Object name:
VENEZUELA BOLIVAR