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Is a Venezuelan Bolivar RV to happen in the next decade or so

GameChanger

By GameChanger,
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GameChanger Apprentice

GameChanger

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Just wondering.  The Venezuelan Bolivar is 1USD:248521BOL.  They have more oil than Saudi Arabia.  Once they get there government squared away in the next few years (10+?) would their currency go up???

Should we consider buying a bit of Bolivar with minimal purchase amount?  ie. 100 US to buy 248,521,000 Bolivar

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umbertino Grand Master

umbertino

Posted
Posted

Venezuela publishes oil prices in Chinese currency to shun U.S. dollar

 

September 15, 2017 / 6:56 PM / a year ago

 

 

 

https://www.reuters.com/article/us-venezuela-oil/venezuela-publishes-oil-prices-in-chinese-currency-to-shun-u-s-dollar-idUSKCN1BQ2D1

 

 

That made somebody extremely upset, supposedly.........

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