Venezuela’s currency crumbles at accelerated speeds

August 4, 2017

Venezuela’s currency crumbles at accelerated speeds

Venezuela’s money, the bolivar, is sinking faster and faster under an intensifying political and economic crisis that has left citizens destitute and increasingly desperate. Its depreciation accelerated this week, after a disputed vote electing an all-powerful “Constituent Assembly” filled with allies of President Nicolas Maduro, which the opposition and dozens…