
Venezuela Considers Major Currency Shift to US Dollar
Venezuela is reportedly considering abandoning its national currency, the bolivar, in favor of adopting the U.S. dollar. This potential move would represent one of the most significant currency switches globally since the introduction of the euro.
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Venezuela abandoning the bolivar and adopting the U.S. dollar would be the biggest currency switch since the advent of the euro, Hanke says
Read full article →Venezuela abandoning the bolivar and adopting the U.S. dollar would be the biggest currency switch since the advent of the euro, Hanke says
"Taming inflation is the key to restoring stability in Venezuela, and all the other progress flows from that."
By Jason Ma, Shawn Tully
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