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timhyma

03/25/14 9:42 AM

#90169 RE: EZ2 #90168

Venezuela's bolivar plummeted to 51.86 to the dollar on a new exchange that the government set up yesterday as part of an attempt to increase dollar supplies and tame the black market. The price of the dollar on the government's official exchange is 6.3 bolivars and 10.8 bolivars on a secondary exchange, although it's 57-58 bolivars on the black market.