Master Stroke: One plate food costs crore in hyperinflation facing Venezuela
ABP News Bureau
Updated at:
24 Aug 2018 10:49 PM (IST)
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Venezuela today began to launch dramatic reforms announced by President Nicolas Maduro to rescue a downward-spiraling economy, including a new currency and a more-than-3,000 percent hike in the minimum wage.
The changes start with the introduction of a currency that lops five zeros off the country's fast-depreciating bills.
The changes start with the introduction of a currency that lops five zeros off the country's fast-depreciating bills.