Hyperinflation news and trends

Faulty Venezuelan Payments System Creates Delays, Chaos
International // September 05, 2018

The launch of a new payment system in Venezuela hasn’t gone smoothly, with citizens facing long lines for gasoline in border states. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Venezuelan Bolívar Loses Five Zeros
International // July 27, 2018

The Venezuelan government said it will knock five zeros off its currency — the bolívar — instead of the three it had planned. According to Financial Times, the decision is a move to keep up with hyperinflation, which the International Monetary Fund (IMF) predicts will...

Digital Payments Explode In Venezuela Amid Scarce Cash
Digital Payments // February 15, 2018

Where cash is hard to find, therein lies boon and bumper crop for digital payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Quick Reads
Germans Hit with Higher Prices Across the Board 

October 28, 2021
Germans will have to dig a little deeper to overcome supply shortages and increased energy prices that are leading to higher production costs on myriad products, from their favorite beers to new cars, according to a Reuters report on Thursday (Oct. 28).  Get the Full Story Complete the form to unlock this article and enjoy […]

Faulty Venezuelan Payments System Creates Delays, Chaos

September 05, 2018
The launch of a new payment system in Venezuela hasn’t gone smoothly, with citizens facing long lines for gasoline in border states. Get the Full Story Complete the form to...

Venezuelan Bolívar Loses Five Zeros

July 27, 2018
The Venezuelan government said it will knock five zeros off its currency — the bolívar — instead of the three it had planned. According to Financial Times, the decision is...