Monday, May 28, 2007

Venezuela's Bolivar Weakens as TV Network Shutdown Sparks Street Protests

(Bloomberg) -- Venezuela's currency fell from a two-
week high in unregulated markets after President Hugo Chavez's
shutdown of the country's most-watched TV network triggered
street protests.

``Things took a swift turn in the afternoon when street
protests increased,'' said Nelson Corrie, head of trading at
Caracas-based Interacciones Mercado de Capitales.


Read more at Bloomberg Currencies News

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