Economy, oil revenue declines, inflation continues to rise in Venezuela

Venezuelans are waiting in long lines outside banks and atms around caracas just to be able to access cash.

As the country's economy and oil revenue continues to decline and inflation continues to rise, these scenes are becoming commonplace.

Strict exchange controls in Venezuela over the last 15 years have made access to dollars very limited.

Many merchants started charging in dollars or their black market equivalent - making it more difficult for venezuelans to access basic goods and services.