[Venezuela / Currency Reform] Newly reformed currencies appear from August 20, 2018.

After seeing this news, Venezuelan Bolívar has made a new currency reform through the legal curr ency, which is based on the fact that the existing Bolivar exchange rate is continuously falling. The
existing 100 Bolivars became 1 Bolivar, and new Bolivar notes of 100 Bolivars and 500 Bolivars ca me up to this standard. I used to try to do a de-minionation on June 4th at 1000: 1, but I put off 60
days because of lack of the priesthood, and I was going to do the de-minification with that one hun
dred thousandth at the end and the result. It seems to be unreasonable simply by the denominatio
n. While other Caracas residents are constantly on the brink of monetary reform, Venezuelan Bolivar, which emerges this August 20, has seen 500 Bolivar bills from 2 Bolivar to 500 Bolivar, Lt; / RTI &
gt; So I had to keep watching the situation. If it is a denomination of 1 / 100,000, the current Bolivar exchange rate is 352 million barrels per dollar as of July 30, and if it is reformed in such a situation,
it changes to 35 Bolivars per dollar. Then it will be a unit similar to Thai Baht or Taiwan dollar. If infl ation continues even after this de-minification, Venezuela is virtually in ruins.
The supplies for Venezuelans are also very important. To save the economy, other parts of the con
tent had to be taken care of. Even now, Venezuela is collapsing, and in order to save the country, v arious efforts are needed to raise the value of Bolivar as well as currency reform. Therefore, Venez uelans will continue to use Bolivar in limited quantities. Venezuela's monetary reform was a one-hundred-thousandth of a deconstruction, and we will see i
f the reform can be successfully completed, whether inflation can not endure, and whether it will fal
l again.