Consumer Electronics in Venezuela - New Study Released
The devaluation of the bolivar improves government accounts but will have a negative impact on the country's inflation. On 8 February 2013, the Planning and Finance Minister Jorge Giordani said the bolivar would increase from 13 February 2013 from BsF4.3 to BsF6.3 per US dollar, which is equivalent to a 31.75% loss of value of Venezuela's currency, and a new Superior Organ System Optimisation for Exchange, run by the government and the Central Bank (BCV), would assess the priorities of...
View full press release