The English-language forum for all things Latin American, covering business, politics, and culture.
Wednesday, June 28, 2006
Venezuela: new currency to come in ‘08
President Hugo Chavez wants to introduce the “Nuevo Bolivar,” a new type of currency that would remove the three final zeroes from the Bolivar.The government wants to make this change in order to facilitate economic reform, though critics feel Chavez is personalizing government to his liking a la changing the coat of arms.
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