Venezuela 'declares war' on speculators

VENEZUELA - Venezuela's president Hugo Chavez has declared a "war on speculators" as prices rose after last week's currency devaluation.

The bolivar closed down 5.5% at 917 to the US dollar on Monday, leaving it 16% below the currency band which was abandoned last Wednesday.

Fears are mounting that the currency's drop will stoke inflation, as imported goods become more expensive and businesses raise prices.

"Denounce them. Visit corner stores, supermarkets, warehouses, watch for those who are

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