Chavismo’s New Campaign to Bring the Bolivar Back to Life
The Maduro regime is using social media to promote the idea that a new tax on dollar transactions will have no impact on the majority of the population
Tag: Transactions in dollars
No More Fancy Fish in Margarita
The dollar dynamics have changed the fishing industry on the island. The best fish is sold abroad for greenbacks and very few locals can enjoy the juiciest catch
How Dollars Make It Into Venezuela
Spontaneous dollarization seems to have taken over Venezuela. Even Maduro admitted it represents an “oxygen valve.” Two experts describe the different sources of cash dollars.
Goodbye Bolivar
Venezuela’s currency is dying not with a bang, but with a whimper as virtually all large —and many mid-sized— transactions are switching, de facto, to the dollar.
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