Analysis and Commentary on Money Laundering and Financial Crime
Sunday, January 18, 2015
VENEZUELA'S BOLIVAR DROPS TO 175 TO ONE US DOLLAR
Just when you thought that the Venezuelan Bolivar couldn't fall any lower; it does. 175.02 to one USD. If you haven't already redlined Venezuela for Country Risk purposes, you are advised to closely examine the facts, and make an educated decision, on strict risk management principles.