ESPACIO PUBLICITARIO
CARACAS, Monday February 25, 2013 | Update
 
|
share
|
ECONOMY

Venezuelan state-run basic industries increase prices by 46.5%

Venezuelan steelmaker Sidor advised clients about the price raise following devaluation of the Venezuelan bolivar (File photo)
EL UNIVERSAL
Monday February 25, 2013  12:59 PM
While private enterprises are being pressured by the Venezuelan Government to avoid increasing prices upon devaluation of the bolivar, state-run industries are making adjustments in their prices based on the new foreign exchange rate.

This is the case of the Venezuelan basic industries in Guayana, northeast Venezuela, whose prices have been increased by 46.5%.

Entrepreneurs confirmed that Sidor adjusted prices up. They added that the price of the products paid prior to the devaluation but that have not been dispatched shall be recalculated based on the new forex rate, VEB 6.30 per US dollar.

rdeniz@eluniversal.com
|
share
|
ADVERTISING SPACE
Dossier
Their claims were not true

The story could have been different. On April 12, 2014, university students led a march to the Attorney General Office in order to submit concrete requests in regards to security and to demand the release of a group of youngsters detained in Táchira state.

fotter clasificados.eluniversal.com Estampas
Alianzas
fotter clasificados.eluniversal.com Estampas
cerrar