Venezuela's Chavez devalues currency

2010/01/08 20:51:07 @Reuters: World News

CARACAS (Reuters) - President Hugo Chavez devalued Venezuela's bolivar currency on Friday, attempting to resuscitate local production but running the risk of worsening inflation in the South American oil-exporter's flagging economy. div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/worldNews?a=SaiFuV0TwbA:k3FXP9Od1P4:yIl2AUoC8zA" img src="http://feeds.feedburner.com/~ff/reuters/worldNews?d=yIl2AUoC8zA" border="0" /img /a a href="http://feeds.reuters.com/~ff/reuters/worldNews?a=SaiFuV0TwbA:k3FXP9Od1P4:F7zBnMyn0Lo" img src="http://feeds.feedburner.com/~ff/reuters/worldNews?i=SaiFuV0TwbA:k3FXP9Od1P4:F7zBnMyn0Lo" border="0" /img /a a href="http://feeds.reuters.com/~ff/reuters/worldNews?a=SaiFuV0TwbA:k3FXP9Od1P4:V_sGLiPBpWU" img src="http://feeds.feedburner.com/~ff/reuters/worldNews?i=SaiFuV0TwbA:k3FXP9Od1P4:V_sGLiPBpWU" border="0" /img /a /div img src="http://feeds.feedburner.com/~r/reuters/worldNews/~4/SaiFuV0TwbA" height="1" width="1"/
[ VIEW FULL COVERAGE @Reuters: World News ]