Venezuela’s denominated currency will not be released before August

June 3, 2018 10:02 pmComments Off on Venezuela’s denominated currency will not be released before August
Venezuela’s denominated currency will not be released before August

The new Venezuela’s currency will not be released before August. As the Bolivar was depreciated by inflation, which, according to some estimates, had reached 13,000%, the government planned to release the new Bolivar in June. The new currency will formally correct inflation by deleting three zeros from the old currency. So 1,000 Bolivar will be equal to 1 new Bolivar. The current date for the release of the new currency […]

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