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Event Brief

Venezuelan Bolívar-Dollar Rate Jumps Nearly 480%

The bolívar's sharp decline forces Venezuelans to seek crypto for foreign currency amid sanctions.
WHO: Venezuelans
WHAT: Bolívar-dollar exchange rate increase
WHEN: Dec 31, 2025 at 7:00 PM ET
WHERE: Venezuela
WHY: Sanctions and persistent inflation
Sources (1): Euronews

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