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0.00% 5.2¢ central petroleum limited

venezuelan currency has just devalued by 32%, page-2

  1. Saracen
    3,048 Posts.
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    09/02/13
    14:34
    Post #: 11400167
    Mate, Venezuela has devalued the currency not dropped the price of oil. Since they are a huge exporter it means that they will have more money at home as they sell their oil in US dollar contracts. It doesn't affect oil prices.

    CTP Price at posting: 60.0¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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