The Central Bank of Venezuela carried out a new intervention in the banking sector on December 2, after injecting another $30 million.
With this new amount, placed in the national bank, they total about $95 million, after two previous interventions to stop the advance of the dollar in the…
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bolivars
CBV applies strategies to stop the rise of the dollar
The Central Bank of Venezuela (BCV in Spanish) is working on applying measures that seek to prevent the escalation of the dollar against the bolivar.
The board of directors of the Venezuelan institution wants to avoid a greater impact on…
Bancamiga expands its Interbank Mobile Payment service
Starting this week, a new facility offers Bancamiga Banco Universal to its customers, upon entering into operation, the possibility of making Interbank Mobile Payment from any of their accounts: current or savings in bolivars or from…
Decentralized Stock Exchange of Venezuela operates with more than 3,000 participants
The Decentralized Stock Exchange of Venezuela (BDVE) operates with more than 3 thousand 700 participants, as announced by the vice-president of the institution, José Ignacio Guarino, who also stated that out of 25 million people who live in…
Bancamiga Exchange Desk allows you to buy or sell currencies without intermediaries or surcharges
The Bancamiga Exchange Desk is a financial mechanism that operates as a kind of auction through which currencies can be bought or sold legally and transparently.
Without intermediaries or surcharges, the acquisition and sale of foreign…
Ecoanalítica: banking operations were reduced
According to the consulting firm Ecoanalítica, as payments with cash dollars grow in Venezuela, the use of the payment channels provided by the banking infrastructure also falls.
When evaluating the number of operations of each of the…
De facto dollarization increases inequality, affirmed José Guerra
According to the deputy of the National Assembly (AN) and economist, José Guerra, the de facto dollarization that is taking place in Venezuela is increasing social inequality by not taking place through official mechanisms.
Guerra…
Maduro will authorize Venezuelan banks to create foreign currency accounts
Venezuelan President Nicolás Maduro announced that his administration will authorize Venezuelan banks to create accounts for payment in foreign currency and reiterated that the country is heading "towards a 100% digital economy."
“We are…
Panda Exchange WebApp arrives in Venezuela
The Colombian cryptocurrency exchange, Panda, has reported the incorporation of a new payment processor for Venezuela in its WebApp, where purchases of Bitcoin, Dash, DAI and Bitcoin Cash with bolivars can be made.
The tool consists of a…
Venezuelan government announces minimum wage increase
This Monday, the Ministry of Labor announced the increase in the minimum wage, which will be set at 800,000 bolivars from May 1st.
The head of this ministry, Eduardo Piñate, issued this information through his official Twitter account,…
Venezuelans turn to the dollar as a means of payment
The population of the Caribbean country must face insecurity, delays in their routine activities, paralysis of the educational system and supply of gas, water and transportation due to recent blackouts In Venezuela.
Electricity cuts due to…