LatinNews Daily Report - 17 December 2013

Venezuela goes for stealth devaluation

Andean by LatinNews 17 December 2013 Modified: 17 December 2013 1090 views

Development: On 16 December Venezuela’s energy minister and vice president of economic affairs, Rafael Ramírez, announced that all imports bar essential food and medicines would henceforth come into the country under the secondary exchange rate (FX) agency, Sistema Complementario de Divisas (Sicad).

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