Did the Rubble Also Bury the Economy? The Dollar Is Accelerating, Prices Are Rising, and Venezuelans Are Growing Restless.
Inflation jumped 13.8% in June as the bolívar slid to 720 per dollar, deepening pressure on businesses after the earthquakes.
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KEYT¿Los escombros también sepultaron la economía? El dólar se acelera, los precios suben y los venezolanos se inquietan
Por Gonzalo Zegarra, CNN en Español Uno de los negocios de arepas más famosos de La Guaira permanece cerrado. Había pasado solo tres meses desde la inauguración de su segundo local cuando los terremotos en Venezuela dejaron la sucursal en escombros y cuatro empleados perdieron la vida. El otro establecimiento que quedó en pie aún no tiene fecha de reapertura. Pero el trasfondo económico también lo amenaza. En medio de la crisis humanitaria, la d…
By Gonzalo Zegarra, CNN en Español One of the most famous arepa businesses in La Guaira remains closed. It had been only three months since the inauguration of its second location when the earthquakes in Venezuela left the branch in rubble and four employees lost their lives. The other establishment still standing The post Did the rubble also bury the economy? The dollar accelerates, prices rise and Venezuelans worry appeared first on KVIA.
Almost three weeks have passed since the earthquakes of June 24, and the price of the dollar and the euro in the official market skyrocketed significantly. On June 25, the dollar in the Central Bank of Venezuela was quoted at 617,63 bolívares; now 18 days later, it is in 721.35 bolívares. That is, it had an increase in the price of 16.79% or 103.72 bolívares. This figure is very significant and more in the context that the country lives after th…
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