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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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Venezuela’s currency collapses 30 percent on black market

The stunning collapse of Venezuela's bolivar in black market trading this month -- it fell to as low as 423 bolivars per dollar from 279 at the start of the month -- has left Venezuelans scratching their heads, with many wondering why it has sunk below the value of gold and hard currency the central bank has to back it.

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