BCV will increase the supply of foreign currency to citizens and companies

The credit institution reported that in the next few days the offer to natural and legal persons will be increased

The Central Bank of Venezuela (BCV) announced that in some days of this month the supply of foreign currency to individuals and companies will increase.

“The BCV informs that, during the week of August 10 to 14, the supply of foreign exchange available to citizens and companies will increase through exchange interventions, allowing access to foreign currency to national productive companies,” published the financial entity On twitter.

This occurs after several days of continuous increase in the price of the dollar, both in the parallel market and in the official market, although the entity did not specify whether the injected currencies will be dollars, euros or other international currencies.

After several weeks of relatively stable exchange rates around 200,000 bolivars, a moderate upward trend began in mid-July in both markets. Especially in the last two weeks, where the increases became more noticeable when they surpassed 250,000 bolivars. Until last Friday, the official rate was 278,038 bolivars per dollar.

Source: elsumario

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