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Latin America

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Bacchus4.0

(6,837 posts)
Thu Jul 26, 2018, 09:46 AM Jul 2018

Venezuela to remove five zeroes from ailing currency [View all]

https://www.reuters.com/article/us-venezuela-economy/venezuela-to-remove-five-zeroes-from-ailing-currency-idUSKBN1KF36V

CARACAS (Reuters) - Venezuela will remove five zeroes from the bolivar currency rather than the three zeroes originally planned, President Nicolas Maduro said on Wednesday, in an effort to keep up with inflation projected to reach 1 million percent this year.
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