(Bloomberg) -- Venezuelan government debt fell in
local markets as people took to the streets for a fifth day to
protest President Hugo Chavez's decision to pull the country's
most-watched television network off the air.
Concern that protests will turn violent again led investors
to sell dollar- and bolivar-denominated bonds in the local
market and move money out of the country, pushing down the
currency in the black market, traders said. Police have detained
more than 180 people since May 27, the day that Chavez let the
concession granted to Radio Caracas Television expire, Interior
Minister Pedro Carreno said last night.
Read more at Bloomberg Emerging Markets News
local markets as people took to the streets for a fifth day to
protest President Hugo Chavez's decision to pull the country's
most-watched television network off the air.
Concern that protests will turn violent again led investors
to sell dollar- and bolivar-denominated bonds in the local
market and move money out of the country, pushing down the
currency in the black market, traders said. Police have detained
more than 180 people since May 27, the day that Chavez let the
concession granted to Radio Caracas Television expire, Interior
Minister Pedro Carreno said last night.
Read more at Bloomberg Emerging Markets News
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