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Venezuela Abandoning the Bolivar and Adopting the U.S. Dollar Would Be the Biggest Currency Switch Since the Advent of the Euro, Hanke Says

Summary by Fortune
"Taming inflation is the key to restoring stability in Venezuela, and all the other progress flows from that."

27 Articles

El DiarioEl Diario
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ReformaReforma
Center

The president of the Venezuelan Parliament announced on Saturday an investigation against opposition deputy Antonio Ecarri for proposing the dollarization of the country, a project that has the advice of the US economist Steve Hanke. The leader of the National Assembly, Jorge Rodríguez, said in a statement that began "an investigation process to establish the wrongs committed" by the legislator and added that he made the decision to remove him f…

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Lean Right

The president of the National Assembly, Jorge Rodríguez, dismisses Antonio Ecarri from a parliamentary group after proposing to replace the bolívar to combat inflation Read

·Madrid, Spain
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Lean Right

Opposition MP Antonio Ecarri should be removed from office as Chair of the Parliamentary Friendship Group between Venezuela and the United States.

·Paris, France
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Far Left

The president of the National Assembly of Venezuela denied the hiring of economist Steve Hanke, on a day when the legislature also passed the Law on the Promotion and Protection of Housing Construction.

·Caracas, Venezuela (Bolivarian Republic of)
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Lean Left

In extraordinary session of the AN, Enrique Ochoa Antich was appointed as the new ambassador to Switzerland The National Assembly (AN) dominated by Chavismo convened an extraordinary session on Friday, August 21, to make the appointment of the new ambassador of Venezuela to Switzerland, discuss a passing law and pass a law to stimulate the real estate sector.

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Efecto Cocuyo broke the news on Friday, August 21, 2026.
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