CARACAS, March 22 (Reuters) - Venezuela’s President Nicolas Maduro ordered a re-denomination of the ailing bolivar currency on Thursday, by knocking three zeroes off amid hyperinflation and a ...
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Venezuelan Bolivar in freefall: Maduro locks Up economists, blocks Dollar sites to hide the damage
The Venezuelan currency is crashing again, but instead of fixing the economy, President Nicolás Maduro is arresting economists, shutting down websites that show real dollar rates, and trying to hide ...
(Bloomberg) -- Venezuela is letting the bolivar depreciate as the government tries to quell demand for US dollars that’s been rising since July’s election, risking sparking a new bout of inflation.
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