Venezuela’s authoritarian government has arrested dozens of people, including a former finance minister, in a crackdown on black market dollars and independent economists that analysts fear could return the country to economic ruin.
The country’s bolívar currency has lost about two-thirds of its official value since President Nicolás Maduro abandoned a fixed exchange rate in October as dollar reserves needed to prop up the currency dwindled.
In an apparent attempt to halt the bolívar’s slide, the regime has charged at least 58 people with terrorism and other financial crimes for running websites that list black market exchange rates.
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