Bolivar


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Bolivar

The currency of Venezuela. It came into circulation in 1879. While it was originally pegged to the French franc, it has been pegged to the U.S. dollar for much of its history. Since the 1970s, it has suffered from a high rate of inflation. It is named for Simon Bolivar, the controversial revolutionary who liberated much of South America from Spain.
References in periodicals archive ?
Venezuela's government informed airlines that airfares starting in July will be based on a weaker SICAD II rate of about 50 bolivars per dollar compared with the official rate of 6.
At the Bolivar I, a technician comes every 15 days to take a reading from the small pollution meter in the middle of the garden.
If you hold Bolivar common shares or warrants in "street form", payment will
Finally, the importer is allowed to purchase dollars with bolivars at the low official rate, which the Central Bank transfers directly to the foreign exporter.
Chavez, who lists Simon Bolivar as his inspiration (and after whom he's named his Bolivarian Circles), is apparently working to recreate Bolivar's Latin American superstate under Marxist rule.
Domingo Maza, a director at Venezuela's central bank, recently reiterated that the government would not back away from its policy of devaluing the bolivar within a controlled sliding band.
In the small storefront confines of the restaurant space known previously as Sam's Trattoria, and before that Santino's, chef Luz, husband Rafael and (on weekends) their daughter Carmen have introduced their Bolivar, the West San Fernando Valley's first serious Colombian restaurant.
Bolivar was then telephoned and asked if she wanted his finger or ear.
He had returned from a South American assignment on the legacy of Simon Bolivar, for National Geographic.
Bolivar Mining and its Chinese J/V Partners Agree to Explore and Drill Four Potential Gold Targets in Guanghzhou, PRC.
The central depository shall provide services and accounts as may be necessary for the City of Bolivar to transact its financial activity as a governmental institution.