Chavez Devaluation Puts Venezuelans to Queue Before Price Raise

Chavez Devaluation Puts Venezuelans to Queue Before Price Raise

Meridith Kohut/Bloomberg

Pedestrians walk past the Capitol building in Caracas, Venezuela. The weaker exchange rate will give the central government an additional 84.5 billion bolivars ($13.4 billion) in revenue, mostly from oil sales done in dollars.