1. Skip to content
  2. Skip to main menu
  3. Skip to more DW sites
BusinessVenezuela

Venezuela curbs hyperinflation

Óscar Schlenker
May 10, 2022

Despite a new 3% tax on foreign currency transactions, Venezuela is experiencing a de facto dollarization of its economy. The adoption of the US currency helped curb hyperinflation, but it's now creating new problems.

https://p.dw.com/p/4B4iW
Skip next section DW's Top Story

DW's Top Story

A general view of Munich's main train station during a nationwide strike called by the German trade union Verdi over a wage dispute in Munich

Nationwide German transport strike causes major disruptions

Skip next section More stories from DW
Go to homepage