Venezuela News » Bolivar News Venezuela » Bolivar » Economy: Venezuela abandoning the bolivar and adopting the U.S. dollar would be the biggest currency switch since the advent of the euro, Hanke says
Steve Hanke earned the moniker "Money Doctor" after advising governments around the globe on how to use currencies to get inflation under control. The professor of applied economics at Johns Hopkins ...
News Venezuela » Bolivar » Economy: Venezuela's Elites are Wrong: Why It Needs the US Dollar
Professor Steve Hanke challenges Venezuela's elites over currency devaluation and explains why dollarization could revive the country's economy.
News Venezuela » Bolivar » Economy: Venezuela was promised an economic revival. But three months of minimum wage doesn’t add up to a single US dollar
It is payday Friday, and a popular shopping mall located in eastern Caracas is packed. But while the hallways look full and the display windows are brightly lit and well-stocked, many people enter and ...
News Venezuela » Bolivar » Economy: USDT premium soars in Venezuela’s P2P market as bolivar weakness deepens
Venezuelans are quickly turning to USDT as an alternative to retain purchasing power amid their local currency’s continued decline. The Venezuelans have reportedly turned to Binance’s P2P market to ...
News Venezuela » Bolivar » Economy: Assignment Venezuela: Caracas residents report inflation continues to plague highly-dollarized economy
It has been about four months since Nicolás Maduro’s capture, and residents in Caracas say they are still feeling the economic pain.
News Venezuela » Bolivar » Economy: Venezuela Inflation to Hit 467%, IMF Says
The IMF's new World Economic Outlook projects Venezuela's inflation at 467.9% for 2026, the highest in Latin America, with about 5% growth.
News Venezuela » Bolivar » Economy: Venezuela Workers Protest for US$1,200 Pay
A Venezuela workers protest in Bolívar state reached day three on 16 October, as CVG staff and retirees demand a US$1,200 profit-share payment.
News Venezuela » Bolivar » Economy: Deadly twin quakes are a gut punch to a Venezuelan economy already on its knees
The strongest quake to hit Venezuela in more than a century could not have come at a worse time for the country. The Latin American nation’s once-booming economy had already been crippled by years of ...
News Venezuela » Bolivar » Economy: Stripping zeros not the answer to save Venezuelan economy, say analysts
Zapping five zeros off Venezuela’s almost worthless currency is nothing but a half-hearted measure and won’t solve the country’s chronic hyperinflation, analysts have told AFP. President Nicolas ...
News Venezuela » Bolivar » Economy: Half of Venezuelan economy has disappeared
Venezuela has lost half of its economy since 2013. It’s getting worse. Unemployment will reach 30 percent and prices on all types of goods in the country will rise 13,000 percent this year, according ...
News Venezuela » Bolivar » Economy: Venezuela’s crypto activity jumps 107% to $39.1 billion, fastest among Latin America’s big five
Venezuela’s crypto activity rose 107.2% to $39.1 billion in the 12 months to June 30, 2026, Chainalysis said. That was the fastest growth among Latin America’s five largest crypto markets. In the ...
News Venezuela » Bolivar » Economy: Half the Venezuelan economy has disappeared
Venezuela has lost half of its economy since 2013. It's getting worse. Unemployment will reach 30% and prices on all types of goods in the country will rise 13,000% this year, according the ...