Monday March 31, 2025

Venezuelan Bolivar Plunges After Secondary Crude Tariff Regime Announcement

Venezuelan Bolivar Plunges After Secondary Crude Tariff Regime Announcement

by Sergio Goschenko March 28, 2025 1 min read

(Originally posted on : Bitcoin News )

The Venezuelan bolivar accelerated its loss against the U.S. dollar as the government faced dollar shortages amid an economic trade war. The Trump administration’s secondary trade tariff regime on Venezuelan crude is starving the country of foreign currency to inject into the national market, driving these imbalances. Secondary Tariff Announcement Prompts Steep Venezuelan Bolivar Drop […]

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