Hugo Chavez, president of Venezuela, started 2010 off by devaluing the Venezuelan bolivar by 50% from 4.3 per dollar from 2.15 per dollar, along with several other silly little limits. This is continuing the theme of currency devaluations from late 2008 and 2009. But the evaporation of currency is not only limited to third world [...]
:: Wednesday, March 17, 2010
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