Monday, May 28, 2007

Venezuela's Bolivar Advances as Concern Over TV Network's Shutdown Eases

(Bloomberg) -- Venezuela's currency strengthened to
a two-week high in unregulated markets on speculation political
tension over President Hugo Chavez's shutdown of the country's
most-watched TV network won't disrupt financial trading.

``There were very few elements that altered public order
over the weekend, which in the end gives all this a neutral
tone,'' said Nelson Corrie, head of trading at Caracas-based
Interacciones Mercado de Capitales.


Read more at Bloomberg Currencies News

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