Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latin America

Bacchus4.0

(6,837 posts)

3. info

Reply to naaman fletcher (Original post)

Thu Mar 28, 2013, 09:22 AM

Mar 2013

Average exchange rate offered by bidders was among the most expected data, but the Ministry of Planning and Finance would not reveal the quoting.

Nevertheless, based on unofficial information from the Central Bank of Venezuela (BCV), the cutoff exchange rate was VEB 10.5 per US dollar, whereas the average bidding stood at VEB 12.5 per US dollar.

http://www.eluniversal.com/economia/130327/novel-auction-awards-usd-200-million-to-383-companies

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

3 replies

= new reply since forum marked as read

Highlight:

Results of the currency auction [View all] naaman fletcher Mar 2013 OP

Just another devaluation of the long-suffering COLGATE4 Mar 2013 #1

I saw trading organizations estimated it traded over 13 Bs on average Bacchus4.0 Mar 2013 #2

info Bacchus4.0 Mar 2013 #3