Venezuelan market is up 170% in local-currency terms

07/30/2013 | Latin American Herald Tribune (Venezuela)

Venezuela's stock market is up 170% this year when measured in the local currency, largely because of investors searching for a place to protect their bolivars from inflation and devaluation. If the official U.S. dollar rate is used, the gain is 84% because of the devaluation of the bolivar in February.

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Latin American Herald Tribune (Venezuela)

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