That is a 10 Bs depreciation every day since February 25, 1 dollar a day at the official 6,3 exchange rate which has become a fiction since last year.
There is no way around it: hyperinflation is here. January is reported to be 10%. The government has stopped SIMADI. There is no word from CENCOEX and SICAD. In other words we do not know for sure whether Dollars are still being exchanged (a little bit still do, some particulars on occasion let us know that a small portion of their dollar debt has finally been approved for payment, never more than 10% of their total debt).
Draw your won conclusions. Mine is that the promised financial collapse predicted for April may have already started,
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