Inflation in Venezuela's 3-week old currency hits 100%
Inflation in Venezuela's new currency, introduced about three weeks ago, has hit 100%. The price of a cup of coffee in Caracas has doubled to 50 bolivars since the introduction, according to the Bloomberg Cafe Con Leche Index. After President NicolÃ¡s Maduro removed five zeros from the bolivar, the price of 50 new bolivars is equal to 5,000,000 old bolivars.