Monday 12 November 2018
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wn.com - 3 month ago

The stacks of cash needed to buy basic goods tell Venezuela’s insane inflation story

In a desperate bid to curb its runaway inflation rate, Venezuela has lopped five zeros from its currency. The move yesterday, which came along with a 95% devaluation of the currency—known as the “strong bolívar”—was also accompanied by a hike in gas prices

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