{"id":11203,"date":"2019-01-15T03:54:18","date_gmt":"2019-01-14T19:54:18","guid":{"rendered":"https:\/\/www2019.dash.org\/?p=11203"},"modified":"2021-09-18T11:44:09","modified_gmt":"2021-09-18T11:44:09","slug":"venezuelas-currency-crisis-deepens-can-dash-come-to-the-rescue","status":"publish","type":"post","link":"https:\/\/www.dash.org\/news\/venezuelas-currency-crisis-deepens-can-dash-come-to-the-rescue\/","title":{"rendered":"Venezuela&#8217;s Currency Crisis Deepens, Can Dash Come to the Rescue?"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"900\" height=\"506\" src=\"https:\/\/www.youtube.com\/embed\/E_nftM4syuI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p>Once known as the richest country in Latin America because of its large oil reserves, Venezuela is now in the midst of a severe economic crisis. Its local currency, the bolivar, has lost nearly 98% of its value due to hyperinflation. The crisis began in 2014 following the global crash of oil prices. As of 2016, the country had an inflation rate of 800% and since 2017 the situation has rapidly deteriorated with prices doubling every month.<\/p>\n","protected":false},"excerpt":{"rendered":"Once known as the richest country in Latin America because of its large oil reserves, Venezuela is now in the midst of a severe economic crisis. Its local currency, the bolivar, has lost nearly 98% of its value due to hyperinflation. The crisis began in 2014 following the global crash of oil prices. As of&#8230;","protected":false},"author":3,"featured_media":11205,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[216],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Venezuela&#039;s Currency Crisis Deepens, Can Dash Come to the Rescue? - Dash<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dash.org\/news\/venezuelas-currency-crisis-deepens-can-dash-come-to-the-rescue\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Venezuela&#039;s Currency Crisis Deepens, Can Dash Come to the Rescue? - Dash\" \/>\n<meta property=\"og:description\" content=\"Once known as the richest country in Latin America because of its large oil reserves, Venezuela is now in the midst of a severe economic crisis. 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