The economy has become so heavily dependent on the so-called parallel exchange rate for greenbacks that the government was recently forced to intervene after the dollar traded as high as seven bolivars in august .
It was the period of the conflict of the republics of south america with the king of spain , of bolivar against morillo , narrow-brimmed hats were royalist , and were called morillos , liberals wore hats with wide brims , which were called bolivars .