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World News   Venezuela   Business   Financial (4)
Venezuela, Financial Timeline Sunday, March 14 Bookmark and Share     Author
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Venezuela will slash value of currency
World News World Financial (182) Venezuela (139) Business (33) Financial (4)
2007 (2) 2003 (2)
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  Chavez: military will monitor prices
Stores face punishment after devaluation
Jan.11
  Inspectors, aided by the military, shut down 70 stores as a sanction for allegedly adjusting prices in the wake of a currency devaluation
Jan.10
  In the wake of devaluation currency, Chavez on said he would put the military on the streets to ensure that business owners don't raise prices

Jan.8
  President Hugo Chavez has announced that the bolivar will be devalued for the first time since 2005 by at least 17%


year 2007 Top ^

Dec.6 Inflation worries
  Inflation is beginning to eat away at Venezuela's economy despite efforts by Chavez's government to put a cap on swiftly rising prices
Apr.30   Venezuela to pull out of IMF, World Bank
  President Chavez announced he would make a symbolic move because the nation has already paid off its debts to the lending institutions


year 2005 Top ^



year 2003 Top ^

Feb.5   Currency rate fixed
  Chavez suspended the sale of dollars for two weeks because of a crippling general strike Jan.6 Bankers set to join general strike
  The nation's private bankers plan to meet Wednesday to call a 48-hour strike
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