Venezuela's crisis deepens even more (Aug. 21, 2018)
latinamericadailybriefing.substack.com
Venezuela devalued its crumbling currency, the Bolivar, yesterday. The government slashed five zero's off the currency, which will now be known as the Strong Bolivar. The new bolivar will be pegged the recently launched "petro" crypto currency, which is based on oil prices. Yesterday was declared a holiday and traffic was light in Caracas. Businesses were uncertain over how to confront the new economic measures. (
Venezuela's crisis deepens even more (Aug. 21, 2018)
Venezuela's crisis deepens even more (Aug…
Venezuela's crisis deepens even more (Aug. 21, 2018)
Venezuela devalued its crumbling currency, the Bolivar, yesterday. The government slashed five zero's off the currency, which will now be known as the Strong Bolivar. The new bolivar will be pegged the recently launched "petro" crypto currency, which is based on oil prices. Yesterday was declared a holiday and traffic was light in Caracas. Businesses were uncertain over how to confront the new economic measures. (