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Venezuela’s New Digital Bolivar Isn’t Digital, and It Won’t Solve the Country’s Economic Crisis

In view of the hyperinflation in the Latin American country, the government decided to remove six zeros from the currency and issue a new bolivar. For a third time.

Updated May 11, 2023, 3:45 p.m. Published Oct 7, 2021, 9:58 p.m.
(Carlos Becerra/Bloomberg via Getty Images)
(Carlos Becerra/Bloomberg via Getty Images)