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Middle East NewsVenezuela: New currency fails to curb hyperinflation
World News

What happens when all of China goes on vacation at once

Middle East News

Daesh leader Baghdadi, world’s ‘most wanted’, sought in Syria offensive

Middle East News

Could the Genoa bridge collapse have been prevented?

Middle East News

PM Hariri: Still working to form Lebanese government

Venezuela: New currency fails to curb hyperinflation

IN August 23, 2018 BY Editor 349 views Leave a comment
Middle East News
Venezuela: New currency fails to curb hyperinflation

A newly printed currency has done little to stop hyperinflation in Venezuela.

Businesses are closed, as they attempt to work out what to charge for goods, after the currency was devalued by 95 percent over the weekend.

And the price of goods available for sale are already going up.

Al Jazeera’s Lucia Newman reports from Caracas.


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