(Bloomberg) -- Venezuela's currency was little
changed in unregulated, parallel market trading before the
central bank announced measures to spur savings and slow
inflation.
After trading closed today, the central bank said it would
raise the minimum rates on savings and certificates of deposit
and the reserve requirement beginning July 16. Finance Minister
Rodrigo Cabezas said earlier today the central bank would
announce a new policy to lower the amount of money in
circulation and encourage saving.
Read more at Bloomberg Currencies News
changed in unregulated, parallel market trading before the
central bank announced measures to spur savings and slow
inflation.
After trading closed today, the central bank said it would
raise the minimum rates on savings and certificates of deposit
and the reserve requirement beginning July 16. Finance Minister
Rodrigo Cabezas said earlier today the central bank would
announce a new policy to lower the amount of money in
circulation and encourage saving.
Read more at Bloomberg Currencies News
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