Latin American Economy & Business - April 2017 (ISSN 1741-7430)

Region: Poll finds Venezuelan support for dollarisation, but Ecuador serves a cautionary tale

Regional Economy Review by LatinNews 07 April 2017 Modified: 11 April 2017 553 views

Venezuela’s local currency, the Bolívar Fuerte, appears to be at the point of total collapse. There are some calls for dollarisation as part of an eventual orthodox economic adjustment in the country, but conditions in Venezuela may not be appropriate.

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