Venezuelan Credit Dashboard: $726 Million Comes Due in AugustBy
Rate of reserve depletion accelerates as currency stabilizes
Oil price starts to decline again as heavy payments loom
Venezuela, which has the largest crude reserves on the planet, has defied predictions of default since the oil collapse started in 2014 and analysts are split as to how long the nation of 30 million can hold out. With that in mind, Bloomberg is taking a close look each month at some of the key components that may determine its fate.
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