Venezuelan government devalued its bolivar currency for the second time in 12 months on Thursday, abolishing the lowest exchange rate as the Opec member fights to revive its economy. Intended to ...
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Venezuela's inflation is so bad that people don't need to hide their pins as the currency is worthlessThe Venezuelan bolivar, the once prosperous currency, has struggled to recover after a period of massive hyperinflation. The collapse saw the country’s economy shrink by three-quarters.
Venezuela's currency has long been named after independence hero Simon Bolivar, who is pictured on the new 100 strong bolivar bill. The new money is the latest in a series of changes to national ...
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