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Venezuelan currency

The bolívar, Venezuela's official currency, continues to experience a marked devaluation that is hitting the population's purchasing power and eroding wages. As of the end of November, the national currency had lost 8.8 % of its value against the US dollar. According to experts, the increase in…
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The bolívar has devalued 30 % so far this year

The legal currency in Venezuela, the bolívar, has lost 30 % of its value so far this year, according to estimates by the independent Venezuelan Finance Observatory (OVF). According to the independent organization, "for every 1 % the…