Venezuela's black market in dollars was even frozen by the currency shift amid confusion and economic uncertainty. The government announced several other key economic changes to accompany the new ...

Venezuela approved the sale of government debt in the local market for the first time in five years, amid an effort to cover ...

We should all admit something (among many things) — reading through factual statements of bribery offenses, the facts all start to meld ...

Venezuela is undergoing a major ... buy dollars on the cheap and flip them on the black market for a profit. That has created shortages of hard currency, which in turn fuels shortages of imported ...

But while the strong bolivar's official exchange rate will be fixed as 2.15 to $1, the black market rate has hovered around the equivalent of 5.60 to $1 recently. Venezuela's currency has long ...

According to Venezuela's official bolivar-dollar exchange rate, the man using his money as a napkin is wasting about $0.31 (£0.20). But on the black market, the reality is completely different.

Amid an acute national shortage of banknotes, the town of Elorza in western Venezuela has started issuing ... to less than five US cents on the black market. On the black market, the 2bn bolivares ...

The removal of currency exchange controls was one such measure ... Not to mention targeting private actors selling USD at the black market price. Venezuela’s besieged economy offers no simple ...

CARACAS (Reuters) - Currency depreciation is set to reverse years of declining inflation in economically beleaguered Venezuela ... who added the market depends on oil income.