Venezuela's parallel exchange rate has depreciated 96% in April. Most likely an indication that the printing press is working around the clock but economic activity and money demand are collapsing. In many other parts of the world there is probably space to monetize some debt! pic.twitter.com/BAeatGn6Yg— Sergi Lanau (@SergiLanauIIF) April 23, 2020
Thursday, April 23, 2020
