CARACAS, Venezuela (AP) — A new currency with six fewer zeros debuted Friday in Venezuela, whose currency has been made nearly worthless by years of the world’s worst inflation. But the new bills were ...
(Reuters) -Venezuela's government is slowly allowing the use of dollar-tied cryptocurrencies in currency exchanges for the private sector, a dozen sources said, as U.S. restrictions on oil exports ...
The Central Bank of Venezuela is rolling out a CBDC in October and will launch an SMS-based exchange system to facilitate its use. The Central Bank of Venezuela will launch a central bank digital ...
FILE - In this May 22, 2018 photo, Venezuela's President Nicolas Maduro greets guests after receiving from the National Electoral Council, CNE, a certificate declaring him the winner of the ...
(Reuters) - At least 40 major U.S. companies have substantial exposure to Venezuela’s deepening economic crisis, and could collectively be forced to take billions of dollars of write downs, a Reuters ...
Venezuela’s currency, the bolivar, has tanked. Just take a look at the ugly chart below. Thanks to the collapse of the bolivar, Venezuela has earned the dreadful distinction of being the world’s only ...
(Reuters) - Venezuela's deepening economic troubles, and in particular the weakness of the bolivar and restrictive currency controls, have hurt U.S. corporate profits for the fourth quarter of 2014 ...
CARACAS, Venezuela — The national currency plunged against the U.S. dollar Wednesday after President Hugo Chavez abandoned exchange rate controls to try to stem capital flight and restore investor ...
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