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3232Venezuela to Slash Six Zeros From Its Currency to Facilitate Payments
https://www.digit.info/venezuela-to-slash-six-zeros-from-its-currency-to-facilitate-payments/
Fri, 02 Jul 2021 21:30:20 +0000https://www.digit.info/2021/07/02/venezuela-to-slash-six-zeros-from-its-currency-to-facilitate-payments/Read more]]>The government of Venezuela is considering a new redenomination of its fiat currency. The proposal that is under study would cut six zeroes from the inflation-affected Bolivar. This would aid companies in processing taxes and provider payments that are absurdly complex with today’s numbers. However, the dollar is the predominant coin in retail payments in […]
The government of Venezuela is considering a new redenomination of its fiat currency. The proposal that is under study would cut six zeroes from the inflation-affected Bolivar. This would aid companies in processing taxes and provider payments that are absurdly complex with today’s numbers. However, the dollar is the predominant coin in retail payments in […]