218k views
4 votes
What had the president of Venezuela done by devaluations the bolivar

User Kgibm
by
7.0k points

1 Answer

3 votes

Venezuelan President Nicolas Maduro announced a series of major economic changes over the weekend in another desperate attempt to prop up the country's flailing economy. The key changes, which were to take effect Monday: Devalue Venezuela's currency, the bolĂ­var, by a whopping 95%.

hope this helps!

User Veech
by
6.0k points