🇻🇪 Venezuela's new national currency will be tied to the Petro, says president
Venezuela is replacing its national currency, the bolivar, with a new one that will be anchored to its controversial "Petro" token. The new "bolivar soberano" is to enter use in the country next month according to an announcement on Wednesday, July 26th, 2018, from the country's president. The move is aimed to counter soaring inflation that is expected to reach a million percent this year.
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