Venezuela Breaks One of World’s Longest Hyperinflation Bouts

Venezuela Breaks One of World’s Longest Hyperinflation Bouts

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Gulf
  • Date: 15-Jan-2022
  • Source: Yahoo News
  • Sector: Economy
  • Country: Gulf
  • Who else needs to know?

Venezuela Breaks One of World’s Longest Hyperinflation Bouts

(Bloomberg) — Venezuela broke a four-year bout of hyperinflation, one of the longest in the world, as the socialist government slowed the pace of printing money and the U.S. dollar became the preferred currency in the country.

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