Wednesday, February 17, 2016

Maduro announced the devaluation of the Venezuelan currency by almost 59% – BBC

18.02.2016 <- - include virtual = "/ nm2015 / ssi / news / bulka.shtml"!> | 03:25

The president of Venezuela, Nicolas Maduro announced the devaluation of the national currency at once at 58.73%. It is reported by El Nacional .

According to the President, the official dollar exchange rate, which now stands at 6.3 bolivar, will rise to 10 bolivars on 18 February.

He said that these changes are made in order to “protect the economy in such fundamental aspects such as health, food, the” great mission “(social security -.” Times “) and to ensure dollars production systems”

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Previous Maduro said that the fall in world oil prices, a heavy blow to the economy – in the last 6 years, foreign exchange earnings from oil sales decreased by 4200%

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