Auto Added by WPeMatico

Venezuela Slashes Six Zeroes off Its Currency, Bolivar Keeps Losing Ground Against the Dollar

The Central Bank Of Venezuela applied the announced redenomination plan for the national fiat currency, the bolivar on October 1. This redenomination implied slashing six zeroes from the currency, to…

Continue ReadingVenezuela Slashes Six Zeroes off Its Currency, Bolivar Keeps Losing Ground Against the Dollar