Venezuela’s 72%, One-Week Stock Jump Comes With a Few Caveats – Bloomberg

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Venezuela’s 72%, One-Week Stock Jump Comes With a Few Caveats
Bloomberg
It sounds pretty juicy: Venezuela’s benchmark stock index has surged 73 percent in the past week. Yet the gains come with important caveats. The shares are priced in rapidly depreciating bolivars, annual inflation is estimated at more than 100 percent

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Bloomberg

Venezuela's 72%, One-Week Stock Jump Comes With a Few Caveats
Bloomberg
It sounds pretty juicy: Venezuela's benchmark stock index has surged 73 percent in the past week. Yet the gains come with important caveats. The shares are priced in rapidly depreciating bolivars, annual inflation is estimated at more than 100 percent

and more »

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