currency

EspañolThe world’s most renowned banknotes, coins and paper printing house, De La Rue, based in England, demanded that the Central Bank of Venezuela pay up US$262,647,997 in fees for printing money and passports, among other goods.…
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If Venezuelans thought their inflation woes couldn't get any worse, they were wrong. While the regime has failed to report inflation beyond 2014, contravening the law, the Troubled Currencies Project estimates the annual rate at 808…
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EspañolThe black-market currency exchange for Venezuelan bolívares passed a milestone on Friday, and not in a good way. The troubled currency has fallen in value to such a degree that one now needs more than 100 for each US dollar, as…
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EspañolWithout doubt, the US dollar has value and is an important world standard. Still, not all countries have fallen into the Argentinean craze that is "dollarization." Argentineans have a special relationship with this relatively strong…
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A rapidly devaluing currency is a key indicator of a failing regime. However, rulers of such regimes tend to want to hide the embarrassment behind phony and fixed "official" exchange rates — not that anyone believes such flagrant…
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