The notes went into circulation ... President Maduro also said the sovereign bolivar would be tied to the petro, a virtual currency the government says is linked to Venezuela's oil reserves.

Venezuela Analysis notes “the BOLIVAR Act does not translate into new restrictions against Venezuela” but rather seeks to “codify measures imposed via executive orders into legislation”.

Because of the hyperinflation process, as of next October the Venezuelan currency, Bolivar, will lose six zeroes, the central bank announced on Thursday, This is the third time in thirteen years ...

Venezuela is giving its national currency ... The country’s new 100 bolivar note is equivalent to 100,000,000 of its current bolivar. This is the third time the country’s government has ...

Caracas, November 20, 2024 (venezuelanalysis.com) — The Venezuelan government has strongly condemned the BOLIVAR Act, a new bipartisan legislation approved by the US House of Representatives aimed at ...

There's an image going round that sums up just how ridiculous Venezuela's economy has become. A Reddit user uploaded a picture on Monday of a man using a 2 bolivar note to hold an empanada.

AFP/Getty Images Venezuelan bolivar notes are now useful only for making handicraft gifts Mr Oliveros points out that in Venezuela many people work as freelancers, receiving their pay in bitcoin ...

In 2022, the White House granted Venezuela a financial lifeline “to support the restoration of democracy” after President ...

Venezuelan President Nicolas Maduro, who was sworn in for a third term last week that most of the world has refused to recognize, claimed Wednesday his government had driven inflation down to a ...

Chevron (NYSE:CVX) filed tax returns worth $300M with the Venezuelan government last year, saying in March 2024 that its ...

If you are planning to travel to Caracas or any other city in Venezuela, this airport locator will be a very useful tool. This page gives complete information about the Simon Bolivar International ...