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FEB 09, 2013 - Yahoo! News

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Opposition slams Venezuela devaluation, shoppers fret

CARACAS (Reuters) - Opposition leaders derided another currency devaluation by President Hugo Chavez's government as evidence of economic incompetence, while some anxious Venezuelans hit shops on Saturday in fear of price increases. Though unseen in public since cancer surgery two months ago in Cuba, government ministers said Chavez personally ordered the fifth devaluation of the bolivar in a decade of socialist economics in the OPEC nation - this time by 32 percent. ...

Tags: Opposition slams Venezuela devaluation, shoppers fret,  Hugo Chavez Latest News