Cup of coffee in Venezuela now costs 2 million bolivars
The price of a cup of coffee in Venezuela's Caracas soared to 2,000,000 bolivars this week from 190,000 bolivars in late April, according to Bloomberg's Cafe Con Leche Index. The trailing 12-month inflation rate as per the index stands at 86,857%. In the black market, where most people buy and sell dollars, 2,000,000 bolivars is worth less than $1 (â¹68.7).