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FrodosPet

(5,169 posts)
Tue Mar 1, 2016, 10:10 AM Mar 2016

US court dismisses Venezuela suit against currency tracker

http://www.newsobserver.com/news/business/article62774732.html

FEBRUARY 26, 2016 6:46 PM - The Associated Press


CARACAS, VENEZUELA - A U.S. court has dismissed a lawsuit filed by Venezuela's Central Bank against an apparently U.S.-based website that tracks the plummeting black market value of the South American country's currency.

The Delaware district court said Friday it was dismissing without prejudice the complaint against the website DolarToday. The judge signing the decision agreed with DolarToday that the court didn't have jurisdictional authority to consider the issue.

~ snip ~

Venezuela has the world's highest inflation and its government accused DolarToday of publishing fake rates, intentionally driving the bolivar's value. It hoped to close the operation.

~ snip ~
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US court dismisses Venezuela suit against currency tracker (Original Post) FrodosPet Mar 2016 OP
I'd guess that the government of Venezuela is the one publishing "fake rates". n/t PoliticAverse Mar 2016 #1
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