VOICED : Venezuela lanza billetes de mayor valor sin hablar de inflacion

VOICED : Venezuela lanza billetes de mayor valor sin hablar de inflacion

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Interactive Video

Business, Social Studies, History

9th - 10th Grade

Hard

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The Central Bank of Venezuela introduced new currency denominations ranging from 500 to 20,000 bolívares to ease cash transactions. These new banknotes will circulate progressively from December 15, maintaining historical figures and animals from 2008. Existing 10, 50, and 100 bolívar notes will become coins, and the new denominations will coexist with current currency. Despite not providing 2016 inflation figures, the IMF projects a 475% inflation rate for Venezuela.

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OPEN ENDED QUESTION

3 mins • 1 pt

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