View Venezuela Currency Crisis Explained Images. Venezuela has been in the grip of an economic crisis for years now with hyperinflation one of the main problems. The ft's gideon long on nicolás maduro's controversial move to devalue the venezuelan bolívar by 95% in an effort to curb hyperinflation.

Economic Crisis Cuts Swathe Through Venezuela Society The Mail Guardian from bucket.mg.co.za

Sputnik spoke with dr andrea oelsner, lecturer in politics at the university of san andrés, buenos aires. Analysts have warned there is a risk of unrest in venezuela, which human rights watch says is in the grips of a humanitarian crisis. 02:10 the ft's gideon long on nicolás maduro's controversial move to devalue the venezuelan bolívar by 95% in an effort to curb hyperinflation.

Venezuela's government has released a new plan to address the issue of hyperinflation, which has decimated the country's economy.

Venezuela's government has released a new plan to address the issue of hyperinflation, which has decimated the country's economy. Professor steve hanke, one of the world's leading experts on hyperinflation and former adviser to venezuela's former president rafael caldera, says. A jetload of new currency finally arrived in venezuela after its delayed arrival sparked protests and looting that jolted president nicolas maduro's unpopular government. Venezuela's present currency system dates from 2003.