Venezuela city to issue its own new currency ‘Elorza’
Image Credit: Euronews.com
Venezuela city solves the national cash crisis by issuing its own currency this week. The country is currently facing hyper-inflationary cash crisis and to deal with it, Elorza currency featuring the face of local independence leader Jose Andres Elorza will be made available. The national currency bolivar has lost its value due to recent economic crisis. Prices are doubling every month and basic needs are unavailable.