Tag Archives: bolivar

[ad_1] Take the annual budget of an oil country and save it in local currency without touching it. Wait 14 years and that money, then equivalent to $ 50 billion, will be …

[ad_1] Inflation in Venezuela is written with four digits. It reaches the extraordinary figure of 2,339% per year. The figure is scary, but much less with a brief comparison. In 2019, this …

[ad_1] Venezuela ordered a new currency reconversion, the third of this century, which remove six zeros from the bolivar, the local currency hit by high inflation and whose value collapsed to make …

[ad_1] By Leo [email protected] The Bolivarian Republic of Venezuela has been experiencing a deep political, institutional, social and economic crisis for several months, even to the point of having two presidents. And …

[ad_1] Following a new trading mechanism launched on Monday, the price was set at 3,200 bolivars per dollar compared to 3.188.62 on the website dolartoday.com, the main reference of the parallel market. …

[ad_1] Venezuela is increasingly close to the abyss. Proof of this is that last month a daily inflation of 2.8% was reported, bringing the monthly rate to 128.4% and the annualized rate …

[ad_1] Venezuelan President Nicolás Maduro announced Wednesday the entry into force of a monetary reform that removes five zeros from the bolivar, as part of his government's efforts to combat inflation and …