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14 December, 09:35

What has the president of Venezuela done by devaluating the bolivar?

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  1. 14 December, 12:54
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    B. artificially increased the number of bolivars needed to buy one US dollar
  2. 14 December, 13:34
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    By devaluating the bolivar, the leader of Venezuela has ...

    1) he has brought the official estimation of Bolivar nearer to the genuine esteem - before this the bootleg market esteem was a great deal lower than the real esteem

    2) therefore, he may have really made the Bolivar more important, in light of the fact that before the contrast between the official and underground market esteem influenced individuals to abstain from utilizing the Bolivar and trade the products utilizing dollars instead of bolivars
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