Home / Altcoin News / Venezuela’s Bolivar Sees 454% Inflation in Q1 as Maduro Hawks the Petro

Venezuela’s Bolivar Sees 454% Inflation in Q1 as Maduro Hawks the Petro

Runaway inflation continues to devalue the Venezuelan Bolivar (VEB), even as the country’s authoritarian government seeks to divert attention from the floundering economy by hawking its “Petro” cryptocurrency. According to Reuters, prices in Venezuela rose by 454 percent during the first quarter of 2018 and have swelled by 8,900 percent over the past 12 months.

The post Venezuela’s Bolivar Sees 454% Inflation in Q1 as Maduro Hawks the Petro appeared first on CCN

Den ganzen Artikel findest du hier:Quelle

Schreibe einen Kommentar

Deine E-Mail-Adresse wird nicht veröffentlicht. Erforderliche Felder sind mit * markiert.

Top

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close