CARACAS (Reuters) - Venezuela devalued its bolivar currency by 32 percent on Friday in a widely expected move that will shore up government finances after ailing President Hugo Chavez's blowout election-year spending in 2012 but will also spur galloping inflation.
The country's fifth devaluation in a decade follows two months of silence from the famously loquacious Chavez, who remains in Cuba after surgery for cancer that has threatened to end his 14-year rule and self-styled socialist revolution.
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