viernes, 20 de marzo de 2009

goldman habla de devaluacion para este fin de semana

By Lester Pimentel
March 20 (Bloomberg) -- Venezuelan President Hugo Chavez may announce a devaluation of the bolivar tomorrow, Goldman Sachs Group Inc. said.
Chavez may devalue the official exchange rate to 2.70 per dollar from 2.15, Alberto Ramos, a Latin America economist with Goldman in New York, wrote in a report. Chavez said yesterday on state-owned television that he will announce economic measures this weekend.
A devaluation would help Chavez ease an “emerging fiscal crunch” that has been sparked by a plunge in oil prices, Ramos wrote. A weaker exchange rate generates more bolivars for each dollar of oil revenue the government receives. Crude accounts for more than 90 percent of Venezuela’s exports.

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