CARACAS, Venezuela—Venezuela’s government moved closer Monday to devaluing its currency by adopting measures to use a weaker exchange rate for its key oil sector, as the country looks to attract investment and jump-start its slowing economy.
President Nicolás Maduro’s administration will also begin a round of discussions on a potential increase for gasoline prices in Venezuela. At pennies a gallon, locals fill their tanks for less…
Read this article: Venezuela Ponders Currency Move
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