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Non-Tech : Goldman Sachs Group Inc. NYSE:GS

GS 792.91

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From: Don Green	10/5/2006 12:24:10 PM
	of 411

Goldman Sachs Says Venezuela May Sell More Dollars, Issue Bond By Guillermo Parra-Bernal Oct. 5 (Bloomberg) -- Venezuela may step up its sales of the U.S. dollar at the official exchange rate and sell dollar- denominated bonds in the local market in a bid to halt a weakening of the currency in street trading, Goldman Sachs Group Inc. said. The bolivar has weakened in street trading to about 3,000 bolivars per dollar from about 2,500 in June, driving up the cost of some imports, Alberto Ramos, a Latin American economist at Goldman Sachs, said in a report. The official exchange rate - - the rate at which the government sells dollars to people and companies -- is 2,147.3 bolivars to the dollar.

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