Venezuela's inflation rate slows to 189 percent

Venezuela, whose economy is almost completely dollarized after years of recession and hyperinflation -- which hit 686 percent in 2021 -- is struggling with one of the worst inflation crises in the world.

A woman counts Bolivar bills in a street market at the Jose Felix Ribas community in the Petare neighborhood in Caracas on November 5, 2022. (AFP)