Toyota Venezuela to halt March ops on currency woes

Newswire

By Deisy Buitrago CARACAS, Feb 28 (Reuters) - Toyota's Venezuela unit will halt production for 15 days beginning March 1 because the government has not sold it enough dollars to import the components it needs, a company executive told Reuters. The government of Venezuelan President Hugo Chavez has maintained strict currency controls since 2003 as part of his self-styled socialist revolution that has broadened government involvement in all aspects of the OPEC nation's economy. "We are ...

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