SHAPIRO: To explain how Venezuela's currency became so worthless, I called up Daniel Lansberg-Rodriguez at Northwestern University. He studies the economies of Latin America.

In recent weeks, authorities have detained economists, analysts and digital platform operators who publish independent ...

In the Venezuelan mining community of El Dorado, the majority of residents carry around gold instead of cards or cash to pay ...

Venezuela's money is nothing more than a greasy napkin to one of its citizens. A photo posted on Reddit Monday has gone viral. It showed a man holding his empanada with a $2 Venezuelan bolivar ...

Venezuela's currency now worth so little shopkeepers weigh vast piles of notes instead of counting them. ... money belts, or backpacks, in scenes analysts have said are suggestive of "runaway ...

Inflation in Venezuela’s crisis-wracked economy has become so bad that the country’s official currency, the Bolívar, is now worth less than the fake gold used in Azeroth, the setting of the ...

The price of the dollar on the black market rose by more than 500,000 Venezuelan bolivars to 5,200,000 under the previous denomination and 5.2 bolivars per dollar in the government's new currency.

Venezuela's currency is in free fall. ... Now Venezuela is running out of money. Its central bank only has $10 billion in reserves, which are intended to be a cushion to weather a crisis.

Destroying a currency in less than a decade is no small task. And, yet, that is exactly what Venezuela has done. A 100 bolívares note—the largest denomination in circulation before the new ...

CARACAS, Venezuela — Manuela Diaz has been waiting months to visit her daughter who is studying in the United States. Diaz has her passport, a valid U.S. visa, and money for the trip. But she ...

Venezuela’s currency has become virtually worthless, ... At the equivalent of Western Union across the border in Venezuela, that money would be paid at the official rate of 80,000 bolivares to ...

The money shown lying in the gutter in this picture is Venezuela's old currency, the Bolívar Fuerte, which was replaced by a new form of currency, the Bolivar Soberano, in August 2018.