(Bloomberg) -- Venezuela has no ``short-term'' plan
to devalue its currency, the bolivar, Finance Minster Rodrigo
Cabezas said today.
``If we have to devalue eventually, it will be for
macroeconomic reasons,'' Cabezas said in interview on Caracas-
based TV station Televen. ``But in the short term, the
government doesn't have cash flow problems so there is no need
to devalue the currency.''
Read more at Bloomberg Currencies News
to devalue its currency, the bolivar, Finance Minster Rodrigo
Cabezas said today.
``If we have to devalue eventually, it will be for
macroeconomic reasons,'' Cabezas said in interview on Caracas-
based TV station Televen. ``But in the short term, the
government doesn't have cash flow problems so there is no need
to devalue the currency.''
Read more at Bloomberg Currencies News
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