In Venezuela, the US dollar is fast becoming the currency of choice.
The local money has been made effectively worthless by hyperinflation. Venezuela has announced it will remove six zeros from the bolivar in another attempt to save a currency that has been racked by years of hyperinflation.
Al Jazeera's Latin America Editor Lucia Newman reports from Santiago, Chile.
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#AlJazeeraEnglish #Venezuela #Bolivar
The local money has been made effectively worthless by hyperinflation. Venezuela has announced it will remove six zeros from the bolivar in another attempt to save a currency that has been racked by years of hyperinflation.
Al Jazeera's Latin America Editor Lucia Newman reports from Santiago, Chile.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/
#AlJazeeraEnglish #Venezuela #Bolivar
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- World
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- 100-bolivar, 100-million-bolivar note, Aljazeera
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