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 ...

The Venezuelan bolivar, the once prosperous currency, has struggled to recover after a period of massive hyperinflation. The collapse saw the country’s economy shrink by three-quarters.

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Venezuela's currency has long been named after independence hero Simon Bolivar, who is pictured on the new 100 strong bolivar bill. The new money is the latest in a series of changes to national ...

but also the Venezuelan bolivar exchange rate history in more detail. The currency code for Venezuelan bolivar is VEF.

Venezuela is giving its national currency, the bolivar, a makeover in October. In addition to redenomination, the country’s central bank plans to launch its central bank digital currency (CBDC ...

Venezuelan President Nicolás Maduro has announced the creation of a new virtual currency in a bid to ease the country's economic crisis. He said the Petro would be backed by Venezuela's oil ...

The collapse of the currency is aggravated by oil’s low price—Venezuela can no longer count on its oil exports’ bringing back enough dollars, which means it can’t import enough goods to ...

Venezuelan President Nicolas Maduro, who was sworn in for a third term last week that most of the world has refused to recognize, claimed Wednesday his government had driven inflation down to a ...

President Donald Trump has signed an executive order barring US companies and citizens from dealing in Venezuela's crypto-currency, the Petro. Mr Trump said the currency - which was launched in ...

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