Venezuela is undergoing a major crisis, which is evidenced by inflation in quadruple digits and shortages of food and medicine. Many economists blame the 15-year-old currency control system for ...

Because of the hyperinflation process, as of next October the Venezuelan currency, Bolivar ... denomination in commerce and business in Venezuela. However the opposition Venezuelan Finance ...

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 ...

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 ...