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5.13 Venezuelan Bolivar (A). The Venezuelan government officially fl.pdf

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5.13 Venezuelan Bolivar (A). The Venezuelan government officially floated the Venezuelan bolivar (Bs) in February 2002.Within weeks, its value had moved from the pre-float fix of Bs778/$ to Bs1025/$. 1. Is this a devaluation or depreciation? 2. By what percentage did the value change? Please provide work - Will rate well:) Thank you.

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5.13 Venezuelan Bolivar (A). The Venezuelan government officially floated the Venezuelan bolivar (Bs) in February 2002.Within weeks, its value had moved from the pre-float fix of Bs778/$ to Bs1025/$. 1. Is this a devaluation or depreciation? 2. By what percentage did the value change? Please provide work - Will rate well:) Thank you

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