Announcement
08 Jan 2010
In January 2010, the government of Venezuela announced the devaluation of its national currency.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
11 Jan 2010
Revocation date:
No revocation date
Updated: 08 Jan 2010
Competitive devaluation
In force
On 8 January 2010, the Venezuelan government announced the devaluation of the Bolivar. Instead of the existing fixed exchange rate at 2.15 Bs/US Dollar, the government now operates a two-tier ...
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