GamingFortuneabout 1 hour ago
Venezuela dollarization would be biggest currency switch since euro
3 min read
Steve Hanke, Johns Hopkins professor and special advisor to Venezuela's National Assembly, proposes full U.S. dollar adoption to end 400% inflation. He estimates 50%-80% odds of approval. The switch would abandon the bolivar and central bank, marking the largest currency transition since the euro's 1999 introduction.
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