10+ Venezuela Currency Crisis Reason Pictures. Just look at venezuela, the country with the highest inflation rate in the world. A major currency overhaul comes into effect in venezuela on monday.

Venezuela Inflation Slows Down But There S No Cause To Celebrate from www.marxist.com

Sanctions against the venezuelan oil industry. Opposition lawmakers, however, poured scorn on the plan. International sanctions during the venezuelan crisis.

Economic sanctions, reflecting a lack.

A currency crisis is when there is a sharp depreciation (or at times, an appreciation) in the value of a examples of inflation leading to currency crisis include the famous inflation in zimbabwe and the more recent episode in venezuela. Venezuelan president nicolás maduro has announced the creation of a new virtual currency in a bid to ease the country's economic crisis. The reasons behind the venezuelan economy's collapse explained. Venezuela launched a cryptocurrency, the petro, with much fanfare earlier this year.