Venezuela: New currency fails to curb hyperinflation
Price of goods are already going up after the Venezuelan bolivar was devalued by 95 percent over the weekend.
A newly printed currency has done little to stop hyperinflation in Venezuela.
Businesses are closed, as they attempt to work out what to charge for goods, after the currency was devalued by 95 percent over the weekend.
And the price of goods available for sale are already going up.
Al Jazeera’s Lucia Newman reports from Caracas.
Published On 22 Aug 2018