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Venezuela Moves to Shore Up the Bolivar as Election Approaches

Venezuela Moves to Shore Up the Bolivar as Election Approaches
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The inflationary fire in Venezuela is slowly extinguished

The increase in prices is losing steam after a harsh adjustment that has further impoverished wage earners. The country expects a moderate economic expansion thanks to the easing of international sanctions

Milei s Argentina dollarization plan has Latin American precursors

Argentine president-elect Javier Milei ran his campaign on promises to ditch the peso for the US dollar and do away with a central bank all in the name of subduing rampant inflation.Until September, Venezuela's annual inflation rate was 317 percent, according to its central bank. 

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