(Reuters) - At least 40 major U.S. companies have substantial exposure to Venezuela’s deepening economic crisis, and could collectively be forced to take billions of dollars of write downs, a Reuters ...
Venezuela devalued its currency by almost 35 percent on Monday to bring it into line with the exchange rate of the dollar on the black market. The exchange rate is now fixed at 3,200 bolivars to the ...
Coffee in a Caracas shop with its pre- and post-conversion price – Copyright AFP ISHARA S. KODIKARA For the third time in 13 years, Venezuela on Friday will slash ...
The Venezuelan government is turning again to dollar auctions as a last‑resort tool to slow a fresh collapse of the bolivar, after a sharp slide that followed the capture of Nicolás Maduro and renewed ...
A woman counts dollar bills in the wholesale market of Coche, in Caracas, Venezuela August 6, 2024. REUTERS/Gaby Oraa March 23 (Reuters) - In central Venezuela, the owner of a mid-size pharmaceutical ...
March 23 (Reuters) - In central Venezuela, the owner of a mid-size pharmaceutical factory scrambles to obtain dollars to import chemicals and other ingredients for his headache and fever remedies.
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