Venezuela’s Exchange-Rate Gap Collapsed. Since August It Has Been Widening Again.
The parallel premium fell from 46.5 percent in March to 10.1 percent on 6 August - closed by devaluation, not recovery, and held with billions in dollar sales. Since then it has climbed back above 17 percent. The post Venezuela’s Exchange-Rate Gap Collapsed. Since August It Has Been Widening Again. appeared first on The Rio Times .
We haven't written up this one. The Rio Times has the full story — the link below goes straight to it.
