Venezuela's bolivar weakens to lowest level in seven months
The Venezuelan bolivar weakened Tuesday to its lowest level in seven months as a halt in sales of dollar-denominated bond by the central bank continued to rattle traders.
Venezuela will devalue its ``strong bolívar'' currency on New Year's Day, the government said Thursday, the second such devaluation within a year and at least the fifth major devaluation during the decade-long populist government of President Hugo Chávez.