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Venezuelan government devalued its bolivar currency for the second time in 12 months on Thursday, abolishing the lowest exchange rate as the Opec member fights to revive its economy. Intended to ...

U.S. President Donald Trump's cancellation of licenses for foreign oil companies to operate in sanctioned Venezuela will ...

Because of the hyperinflation process, as of next October the Venezuelan currency, Bolivar, will lose six zeroes, the central bank announced on Thursday, This is the third time in thirteen years ...

Most of the government's foreign exchange platforms were unsustainable next to the black market rate. Exchange Rate System The Venezuelan bolivar (VEF), the official currency of Venezuela ...

INTERNATIONALLY acclaimed economist and currency expert Professor Steve Hanke has ranked Zimbabwe's ZiG currency as the second worst in the world after Venezuela's Bolivar.According to Hanke's latest ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

stoking depreciation of the local bolivar currency and prices, analysts said on Thursday. The cancellation on Wednesday is the latest economic challenge for Venezuelan President Nicolas Maduro ...