Tag Archives: zeros

[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] Maduro said that the change will be from August 20, but has not announced a plan to fight against hyperinflation and shortages of money Source: Reuters [19659003] CARACAS.- "How are we …

[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] Announced that the so-called "sovereign bolivar" will come into circulation from August 20 Source: Reuters CARACAS.- To fight against a galloping inflation rate Venezuela that this year could reach 1,000,000%, according …

[ad_1] Maduro extracts five zeros from the Venezuelan currency – International – String 3

[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 …