U.S. companies rush to insulate themselves against Venezuela's currency, economic woes

CARACAS/NEW YORK (Reuters) – A growing number of U.S. companies say they can’t cope with Venezuela’s sinking bolivar currency, prompting some of them to┬áremove their operations in the South American nation from their consolidated financial reports. In other cases, they have exited the country altogether through a sale or by simply shuttering their businesses there.





Source: Business

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