The Traderszone Network

Published in TZ Latest News 4 August, 2017 by The TZ Newswire Staff

Venezuela Currency Disintegrates: Down 16% Today

Venezuela’s currency, the bolivar, is disintegrating at an incredible pace under the country’s political and economic crisis that has left citizens broke, desperate and in many cases, homicidal. The depreciation accelerated this week, after a disputed vote electing an all-powerful “Constituent Assembly” filled with allies of President Nicolas Maduro, which the opposition and dozens of countries have called illegitimate.

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