TITLE

SHADY BUSINESS

AUTHOR(S)
Kelemen, Jasmina; Chang, Joseph
PUB. DATE
January 2008
SOURCE
ICIS Chemical Business;1/14/2008, Vol. 273 Issue 2, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the issue involving Venezuelan president, Hugo Chavez and the series of stiff exchange controls in 2003 to stem capital flight. According to reports, by capping the official exchange rate and mandating that the government must approve the buying and selling of foreign currency, Chavez also inadvertently created a parallel market for cash.
ACCESSION #
28634764

 

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