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VENEZUELA CURRENCY
Cuba unveils historic package of free-market reformsIn a landmark speech to National Assembly, Prime Minister Manuel Marrero detailed 176 measures aimed at rolling back the state's role in th...- RBI's dividend gives Govt fiscal breathing space amid crude oil pressures: Kotak Securities Anindya BanerjeeThe Reserve Bank of India's (RBI) record dividend payout of Rs 2.87 lakh crore is expected to directly repair the government's balance shee...
- Weaponised dependency: Chinese mercantilism is more damaging to global trade than Trump tariffsThe recent US-China summit saw improved engagement but little progress on global economic challenges. China's trade practices continue to i...
- Who was Mark Mobius and why was the $40 billion India bull famous as ‘Indiana Jones of emerging markets’Mark Mobius, a renowned investor, passed away at 89. He was a global champion for emerging markets, especially India. Mobius saw opportunit...
- The biggest challenge in Venezuela? Forget the oil, it's stocking the fridgeVenezuelans are struggling with soaring prices and a deepening economic crisis following the U.S. military raid that removed Nicolás Maduro...
- Countries dialling down their dollar dependence is good for the world, average American includedIn a bid to secure its financial hegemony, the US is contemplating actions in Venezuela and Greenland. These decisions stem from the pressi...
- US-Venezuela tensions: Here’s how crude, gold, dollar are reacting on Monday morningGlobal markets opened in 2026 on edge after a U.S. military operation led to the capture of Venezuela’s President Nicolas Maduro. The escal...
- Venezuelan Bolivar in freefall: Maduro locks Up economists, blocks Dollar sites to hide the damageVenezuela faces economic turmoil as its currency crashes. President Nicolas Maduro's government is arresting economists and shutting down w...
- Venezuela's inflation hit 686.4% in 2021, says central bankThe deceleration in prices follows government measures which include the restriction of credit and lower spending in bolivars to maintain t...
- Venezuela introduces new currency with 6 fewer zerosThis is the third time Venezuela's socialist leaders have lopped zeros off the currency. The bolivar lost three zeros in 2008 under the lat...
- Cheap electricity a boon for bitcoin mining in cash-strapped VenezuelaAt the enterprise called Doctorminer, in eastern Caracas, nearly 80 computers -- worth about $400 apiece and each the size of a shoebox -- ...
- A million to 1: Venezuela's currency losing 6 zerosVenezuela's central bank on Thursday announced the change to the bolivar will go into effect October 1. The new 100 bolivar bill will be th...
- As Venezuela's economy regresses, cryptocurrency fills the gapsAs hyperinflation and U.S. sanctions disrupt Venezuela's economy, cryptocurrency is emerging as a way to provide services handled elsewhere...
- IMF sees Venezuela inflation at 10 million per cent in 2019Venezuela's economy has steadily deteriorated since the crash of oil prices in 2014 left it unable to sustain a socialist system of subsidi...
- If demonetisation has made you irritable, check out VenezuelaThe cause cited by the Caracas government is noble: it wants the pervasive smuggling of notes from across the Colombian border and run by “...
- We will make efforts to get money back from Venezuela: GV Prasad, Dr Reddy'sGV Prasad of Dr Reddy's said that the company will engage with the Venezuela government to get the money back at the official exchange rate.
- India looking at Iran-like solution for $100m million payment crisis with VenezuelaThe government is planning to put in place a model similar to the rupee payment mechanism with Iran.
- Glenmark falls 5% on Venezuela concernsBrokerage firm Prabhudas Lilladher said in a research note that the country might even go for a currency devaluation.
- Venezuela’s vote for change has Indian pharma jitteryThe two companies whose stock might get impacted by changes are Glenmark and Dr Reddy’s, which have revenues worth $137 mn and $50 mn, resp...
- Government for 'medicines for oil' barter system with VenezuelaThe government is importing significant amount of oil from Venezuela. It is the third largest country in terms of oil imports into India.
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