The European Central Bank (ECB) applied a cut in interest rates of 25 basis points; the first since 2019, according to the director of the entity, Christine Lagarde. The rate cut comes after a nine-month period of the highest levels in the region. In this sense, the ECB indicated that the interest…
Read More...

Price of the BCV dollar this Monday, June 10

The official exchange rate in Venezuela closes this Monday, June 10, at 36.45 bolivars, according to the publication of the Central Bank of Venezuela. The official rate is the weighted average of the operations of the exchange desks of the…

BCV reported inflation of 1.5 % in May

For the month of May, according to the report from the Central Bank of Venezuela, the country's inflation was 1.5 %. According to the regulatory entity, interannual inflation was 59.2 % and accumulated inflation was 7.8 %. According to…

Price of the BCV dollar this Friday, June 7

The official exchange rate in Venezuela closes this Friday, June 7, at 36.47 bolivars, according to the publication of the Central Bank of Venezuela on its website and social networks, to be applied in all transactions in the territory.…

OPEC+ extends oil production cuts until 2025

The Organization of the Petroleum Exporting Countries, together with its allies OPEC+, decided to extend oil production cuts until 2025 in order to level prices. Through a virtual meeting of OPEC+ Oil Ministers, OPEC made the decision that…