(Bloomberg) -- Venezuela's currency fell to a one-
month low in unregulated trading on speculation a government
dollar-denominated bond sale to local banks won't be large
enough to meet demand for foreign currency.
Venezuela and Argentina plan to sell a dollar bond together
by the end of August, said Ricardo Sanguino, president of the
Venezuelan congressional finance commission, after markets
closed July 27, without revealing how much they would sell.
Venezuela's Finance Minister Rodrigo Cabezas said in May the
countries planned to sell up to $1 billion of dollar and bolivar
bonds to Venezuelan investors by the end of the year.
Read more at Bloomberg Currencies News
month low in unregulated trading on speculation a government
dollar-denominated bond sale to local banks won't be large
enough to meet demand for foreign currency.
Venezuela and Argentina plan to sell a dollar bond together
by the end of August, said Ricardo Sanguino, president of the
Venezuelan congressional finance commission, after markets
closed July 27, without revealing how much they would sell.
Venezuela's Finance Minister Rodrigo Cabezas said in May the
countries planned to sell up to $1 billion of dollar and bolivar
bonds to Venezuelan investors by the end of the year.
Read more at Bloomberg Currencies News
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