Fitch Ratings scores Venezuela risky for investments

While speculation about the future of Hugo Chávez and Henrique Capriles momentum as the opposition candidate, eased investor concerns in recent weeks, the coming years will be difficult for the economy of Venezuela.

Again in a statement Fitch Ratings described Venezuela as a risky country to invest, since it ensures that there are serious macroeconomic distortions resulting from the current exchange rate regime with structurally high inflation, the largest in Latin America, and the growing indebtedness. It is therefore speculated on the stability will have the country. Read Article

The agency notes that if the opposition candidate wins the election Capriles October, should undertake a gradual process towards greater exchange rate flexibility and generate confidence in the first two years, and that will be needed to increased private investment to address current economic measures taken by the Chavez government. Read Article