In Venezuela, the increase in the prices of goods and services accelerated inflation, which according to the Central Bank was 6.2 % in June.
The regulatory body announced the figure on Friday night, noting that accumulated inflation stood at 108.4 % and year-on-year at 404.4 %.
Despite the fact…
Read More...
Browsing Tag
CBV
CBV injected another $30 million into the national banking sector
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…
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…
CBV increases commissions for different banking operations
The Central Bank of Venezuela (BCV) established between 3% and 4% the commission for withdrawing funds from foreign currency in cash, which will be paid in national currency at the exchange rate of the operation, while the sale of foreign…