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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Venezuelan government devalued its bolivar currency for the second time in 12 months on Thursday, abolishing the lowest exchange rate as the Opec member fights to revive its economy. Intended to ...

U.S. President Donald Trump's cancellation of licenses for foreign oil companies to operate in sanctioned Venezuela will ...

After successive political crises and economic devastation over the past 25 years the Venezuelan economy, with its industry ...

However, for the members of OPEC, whose finances rely on black gold, the storm clouds show no signs of parting, and pressure is mounting on recession-hit Venezuela to rethink its reliance on oil and ...

Venezuela's currency has long been named after independence hero Simon Bolivar, who is pictured on the new 100 strong bolivar bill. The new money is the latest in a series of changes to national ...