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    Venezuelan Currency Plunges Almost 40% Against the US Dollar, Analysts Cite Crypto Drought as Part of the Problem

    • Post author:MiamiCrypto
    • Post published:November 27, 2022
    • Post category:Asdrubal Oliveros/Bolivar/Devaluation/dollar injection/Economics/ftx/jose guerra/Liquidity/Market Makers/Monitor Dolar/Sanctions/U.S. dollar/Venezuela/venezuela fiat currency

    The Venezuelan fiat currency, the bolivar, has lost almost 40% in its exchange rate against the U.S. dollar in a month. According to reports, the seasonal payments that the government…

    Continue ReadingVenezuelan Currency Plunges Almost 40% Against the US Dollar, Analysts Cite Crypto Drought as Part of the Problem
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