Venezuela's currency, the bolivar, lost nearly all its value last year as the country spiraled into an economic crisis. One solution gaining popularity: Get rid of the bolivar and replace it with ...

CARACAS, Venezuela — As hyperinflation spirals toward 1 million percent, Venezuelans are confronting a deepening crisis that is pulverizing their incomes and spreading hunger. Increasingly, the ...

Venezuela’s net crude oil and refined products exports fell 4.5% in April from a year earlier to 2.14 million barrels a day, the oil ministry said on May 23. The country produces about 2.8 ...

Venezuela's political and economic destabilization can be traced to an over-reliance on oil revenue. ... when oil prices were high, Venezuela’s GDP per capita was equivalent to 13,750 USD.

Caracas, December 6, 2022 (venezuelanalysis.com) – Venezuela’s bolívar (BsD) is going through a fast devaluation despite government efforts to halt it. The national currency has seen the exchange rate ...

The Venezuelan bolivar weakened to 30 units per dollar, the central bank said on Thursday, marking the latest descent for the beleaguered local currency as the economy suffers one of the world's ...

While for Venezuela, most of these appear to come from Colombia and Peru, entrepreneurial gangs in Ecuador have begun producing their own fake bills, benefiting from the fact the US dollar is already ...

Venezuela's currency, the bolivar, lost nearly all its value last year as the country spiraled into an economic crisis. Posted 2018-03-13T17:53:15+00:00 - Updated 2018-03-12T17:16:20+00:00 ...