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Venezuela bondholders inch toward showdown

Monday, April 24, 2017

This chart shows the insanity of Venezuela's hyperinflation

Venezuela's inflation has skyrocketed amid the ongoing economic, political, and social crisis.  Consumer prices in Venezuela soared by 741% year-over-year in February 2017, according to estimates from the opposition-led congress, as cited by Trading Economics. In December 2016, the inflation rate touched an all-time high of 800%.More…

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