The exchange rate of the Venezuelan bolivar, the national fiat currency of the country, has plunged 35.51% against the U.S. dollar this week as a result of various factors, reaching 8.70 bolivars per U.S. dollar. According to economists, this will cause an increase in prices in the near future, with the exchange rate predicted to reach up to 12 bolivars per dollar by December. Venezuelan Bolivar Drops 35.51% Against USD in a Week Many Latam countries are being affected by the strength that the U.S. dollar has shown this week. The Venezuelan bolivar, the official currency of the natio ...
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