Thursday, 24 November 2016

Venezuela’s Currency Just Had the Biggest Monthly Collapse Ever

Venezuela’s Currency Just Had the Biggest Monthly Collapse Ever

Venezuela’s currency - the so-called “strong bolivar” - is weakening beyond levels that analysts had forecast just a few weeks ago as an expanding money supply chases a limited amount of U.S. dollars.
Read more: https://www.bloomberg.com/news/articles/2016-11-24/venezuela-s-currency-just-had-the-biggest-monthly-collapse-ever?source=Snapzu

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