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Venezuela's Unofficial Exchange Rate Tumbles to 600 Bolivars Per Dollar

Venezuela's bolivar tumbled to a rate of more than 600 per U.S. dollar on Thursday, less than a week after it broke 500, according to a widely used website, as the socialist-run country's currency crisis balloons. The rate weakened to 616 bolivars per dollar, according to DolarToday, a fervently anti-government website that said the figure is based on currency trades along the Colombian border. A severe recession and a drop in oil prices have slammed the OPEC nation's...

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