Improving inflation in Venezuela requires better institutions with more transparency, Guevara said. “There is no confidence, there is no rule of law and the institutional basis is quite weak.

The cryptocurrency exchange El Dorado — often used as a benchmark for Monitor Dólar — also shut down operations in Venezuela ...

In 2024, Venezuela faced a difficult situation. The country’s yearly inflation rate reached a staggering 85%, a significant increase from the already concerning rises before September of that year.

CARACAS (Reuters) - Venezuela inflation was 48% annually in 2024, the lowest in 12 years, Venezuelan President Nicolas Maduro told lawmakers in an annual address to the national assembly and other ...

The government of Venezuelan President Nicolás Maduro, who is seeking reelection on Sunday, has had some success in curbing formerly sky-high inflation, but workers say their salaries have not ...

Inflation in Venezuela for October of 2021 was 8.1%, for a YoY record of 1,258%, according to a report from the Venezuelan Observatory of Finance (OVF) released Monday.

Venezuelan inflation has historically been strongly driven by the devaluation of the national currency. The depreciation likewise slowed down in recent months. The exchange rate went from 17,49 ...

Venezuela inflation was 48% annually in 2024, the lowest in 12 years, Venezuelan President Nicolas Maduro told lawmakers in an annual address to the national assembly and other officials on ...

Inflation, currency woes worsen Venezuela's complex crisis as Maduro declares 'economic emergency' Erick Ojeda has no money. Regina Garcia Cano. Tuesday 15 April 2025 07:17 BST.

CARACAS (Reuters) - The government of Venezuelan President Nicolas Maduro, who is seeking reelection on Sunday, has had some success in curbing formerly sky-high inflation, but workers say their ...

The government of Venezuelan President Nicolas Maduro, who is seeking reelection on Sunday, has had some success in curbing formerly sky-high inflation, but workers say their salaries have not ...