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Montevideo, October 19th 2017 - 21:45 UTC

Triple digit inflation in Venezuela: US dollar trades at 10.387 Bolivar; minimum wage 97.531 Bolivar

Thursday, August 10th 2017 - 11:27 UTC
Full article 5 comments

The extreme volatility of Venezuela's exchange rate has the crisis-hit country's shop owners hurriedly marking up their merchandise and consumers balking at the higher price tags. Just last week, the Bolivar currency fell around 70% on the black market, according to DolarToday, the opaque U.S.-based website that dictates the black market rate. Read full article

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