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Venezuela's unbelievable currency collapse is getting worse
Violent protests are growing, the economy is spiraling further out of control and Venezuelans are suffering through shortages of food and medicine. And the bolivar, already worth next to nothing, keeps losing value. At the beginning of the year, it took about 3,000 bolivars to buy one U.S. dollar. By Wednesday, it took almost 8,000. That's according to dolartoday.com, which tracks the unofficial exchange rate used by most Venezuelans because official rates are considered overvalued.
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