Depreciating bolivar fell to 20 per dollar, making it difficult to control inflation
The depreciating bolivar makes it more difficult for Venezuela’s government to control inflation. Economists predict hyperinflation may return this year due to the economy’s nascent economic growth. Consumer prices rose 37.2% in December compared to November. According to official data for Wednesday, the depreciating bolivar fell to 20 per dollar, making it more difficult for … Read more