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Macroeconomic Forecast Venezuela

June 2009 | Macroeconomic Forecasts

enezuela's international reserves stood at US$29.3bn, down from a peak of US$42.2bn in December 2008. We continue to see reserves falling to US$15.0bn by end-2009 as the current account recovers only slightly from its current deficit and the financial account continues to leak dollars.

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