View Venezuela Currency Crisis Gif. Thousands of venezuelans have crossed into peru, ecuador and colombia in a bid to escape the crisis in their homeland. The new bolivar is anchored to the petro, an.
Venezuela's government has announced a series of reforms in a bid to revive the country's crumbling economy, which has seen people attempting to leave in their droves.
The president of venezuela has announced a radical economic reform that will see the country's currency tied to the government's own petro cryptocurrency. Venezuela's currency is weaker than previously believed with the bolivar plummeting in value as rate trackers suggest the currency is up to 30 per cent weaker than other markers. Venezuela's ongoing crisis has brought the latin american country to the forefront of international headlines. Thousands of venezuelans have crossed into peru, ecuador and colombia in a bid to escape the crisis in their homeland.