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 ...

That’s putting pressure on the bolivar because Venezuela funnels oil revenue into the currency market to keep the exchange rate stable. With a massive shortage of dollars expected, companies and ...

As fresh rounds of U.S. sanctions begin to affect Venezuela’s economy, the government in Caracas has been trying to reassure ...

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 ...

Dolartoday.com's chart shows just how the value of the bolivar has plunged, with more and more units of the Venezuelan currency required to get hold of a single dollar: This time last year ...