During a meeting between the Central Bank of Venezuela and representatives of public and private banks, key issues for the country’s economy were discussed, including monitoring monetary liquidity, inflation, and exchange rate control.

This high-level meeting also included the participation of the Sectoral Vice Presidency for the Economy, the Superintendency of Banking Sectors (Sudeban), and the Vice Ministry of Digital Economy, Banking, Insurance, and Securities.

Local media reported that this meeting “comes days after the Central Bank of Venezuela (BCV) reported that June inflation reached 13.8 %, reversing the downward trend of May (6.3 %) and raising the accumulated inflation rate for 2016 to 129.8 %.”

Improving the efficiency of the foreign exchange desks was also a topic discussed at the meeting, amidst a BCV strategy to move towards the nation’s economic normalization, with the aim of reducing exchange rate distortions and contributing to price stability.

M.Pino

Source: alnavio

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La entrada Central Bank of Venezuela (BCV) coordinates strategies with national banks to control inflation and stabilize the exchange rate apareció primero en Bitfinance.

The Central Bank of Venezuela revealed that during the month of June, the National Consumer Price Index (INPC) reached 13.8 %. It also highlighted that the accumulated inflation rate for the first half of 2026 was 129.82 %.

“The result for the last month represents the third highest rate so far this year. The June figure was only surpassed by January’s 32.6 % and February’s 14.6 %. Thus, accumulated inflation during the first half of 2026 climbed to 129.82 %, while the annualized rate rose to 544.13 %.”

By sector, transportation led the increases across the different categories with a rise of 16.2 %. Education came in second with a 15.2 % increase, followed by housing at 14.9 % and health at 14.8 %.

In the recreation and culture category, the increase was 14.2 %, while household goods rose by 14.0 %. The groups of alcoholic beverages and tobacco, miscellaneous goods and services, and restaurants and hotels all saw an identical increase of 13.8 %.

The table registered the smallest increase in the communications sector, with 13.6 %; clothing and footwear at 13.3 %; food and non-alcoholic beverages at 13.1 %; and housing rentals closed with a variation of 10.9 %.

M.Pino

Source: analitica

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La entrada The Central Bank of Venezuela reported an inflation rate of 13.8 % in June apareció primero en Bitfinance.

The US Federal Reserve decided on June 17 to maintain interest rates at 3.50%–3.75%. The decision resulted from a unanimous vote by the FOMC.

According to the FOMC’s statement, “productivity and capital investment remain strong, while job gains are keeping pace with the labor force.”

Regarding the unemployment rate in the country, the FOMC noted slight changes in recent months. The Fed also confirmed that it will maintain ample reserves in the banking system, a strategy to provide liquidity.

Despite improvements in some indicators, inflation continues its upward trend and remains above the 2 % target, “driven in part by supply shocks that have raised prices in sectors such as energy.”

The committee stated that the economy “continues to show resilience, although it acknowledged that the international situation adds short-term risks.”

M.Pino

Source: finanzasdigital

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La entrada The Fed unanimously decided to keep rates in the 3.50 %–3.75 % range apareció primero en Bitfinance.

The Central Bank of Venezuela reported inflation for May in Venezuela of 6.3 %, the lowest in 19 months, indicating a slowdown in the rate.

According to the regulatory body’s report, “the largest increase in prices was recorded in the recreation and culture sector (7.3 %), followed by restaurants and hotels (7.1 %), clothing and footwear (7 %), household goods (6.8 %), education services (6.6 %), and communications (6.5 %).”

In early May, the president of the Central Bank of Venezuela (BCV), Luis Pérez, “anticipated that 2026 would be marked by significant changes, which, he stated, would be felt by the end of the year and very likely in the following years, especially the next two, 2027 and 2028.”

At that time, Pérez predicted that starting in May, inflation would be in the single digits, considering the behavior of prices, which had shown a progressive reduction since the beginning of the year.

Meanwhile, some experts point to the rise in the value of the dollar as one of the main causes of the price increases in the country.

M.Pino

Source: elnacional

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La entrada Central Bank of Venezuela reports May inflation of 6.3 % apareció primero en Bitfinance.

The sustained slowdown in the Consumer Price Index (CPI) in Venezuela supports the recent statement by the president of the Central Bank of Venezuela (BCV), Luis Pérez, regarding single-digit inflation starting in May.

The sustained slowdown in the CPI has allowed the strengthening of purchasing power and economic predictability.

Pérez emphasized in an official statement that “the stabilization of the foreign exchange market has been the fundamental anchor for this achievement. Thanks to a plan that includes a foreign exchange intervention of more than $1.35 billion for the month of May, the central bank guarantees the necessary fluidity and lubrication for the national productive sector.”

Pérez underscored that Venezuela is currently positioned as the fastest-growing economy in Latin America this year, and cited projections from several international organizations: ECLAC places Venezuela’s growth at 6.5 %; the UNDP forecasts a GDP increase of 7.4 %; and the International Monetary Fund estimates growth of 4 % for 2026 and up to 6 % for 2027.

M.Pino

Source: ultimasnoticias

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La entrada Venezuelan central bank projects single-digit inflation starting in May apareció primero en Bitfinance.

The Venezuelan Banking Association (AVB) issued Circular No. 188, informing that, starting May 1st, the Central Bank will cease processing checks through the electronic clearinghouse (CEE).

According to the AVB, a new system will be established: validation and collection will be done directly at the teller window of the issuing bank. If the person has an account at the same institution, “the payment can be made via direct deposit at the teller window. If they are not a client of the issuing bank, the institution may choose to pay in cash –depending on the amount–, facilitate the opening of an account, or apply other mechanisms.”

Regarding the availability of funds, it will be immediate if the check is deposited into an account at the same bank. “However, if the transaction involves different institutions, the money will be available the next business day.”

The AVB (Venezuelan Banking Association) reported that this new system may involve the collection of fees, depending on the method used.

The change in check cashing is part of the transition to the era of digital payments. This method has been steadily gaining ground. “According to the Banking Association, 99.9 % of transactions in the country are already carried out through digital channels.” Furthermore, “the removal of checks from the clearinghouse reflects their declining relevance in an environment dominated by electronic transfers and digital payments.”

M.Pino

Source: finanzasdigital

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La entrada Checks will no longer be processed through the electronic clearinghouse starting May 1st apareció primero en Bitfinance.

During 2025, Chile showed economic growth of 2.5 %. This is reflected in the National Accounts report published last week by the country’s Central Bank.

With data up to the fourth quarter of last year, moderate growth is evident, but it surpasses analysts’ forecasts, thanks to an increase in domestic demand, “with rises in investment and consumption.”

According to the report, the sectors with the greatest contribution were trade, personal services, manufacturing, and business services. Meanwhile, the sectors that showed a decline were mining, electricity supply, gas, water, and waste management.

The Undersecretary of Finance in the current government of President José Antonio Kast, Juan Pablo Rodríguez, indicated that the results published by the Central Bank confirm “an average growth of around 2.1 percent over the last 10 years.”

On the other hand, he emphasized that Chile needs “to return to strong, dynamic, and confident growth to generate more opportunities, better jobs, and greater well-being.” Regarding the biggest challenge for the new administration, the official indicated that it will be achieving annual growth close to 4 %.

M.Pino

Source: spanish.xinhuanet

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La entrada Chile’s Central Bank announces 2.5 % economic growth in 2025 apareció primero en Bitfinance.

Brazil’s Central Bank would implement an interest rate cut, currently at 15%, starting in March if the projected inflation rate for 2026 of 3.0 % is maintained.

During the recent meeting of the Monetary Policy Committee (Copom), in the last week of January, it was agreed to maintain rates at 15 %, the highest level in 20 years. The implementation of a cut next month will depend on whether the inflation forecasts hold true.

According to the Copom minutes, there is “a moderation in the pace of economic activity, consistent with the adjustment cycle, and an improvement in the behavior of food, energy, and service prices.”

However, it is noted that “the fiscal trajectory and the international scenario remain risk factors, especially due to recent market volatility and the persistence of high interest rates in advanced economies.”

The Brazilian economic outlook remains uncertain, awaiting developments in the price dynamics. The Copom will evaluate the possibility of easing interest rates at its next meeting, should the appropriate conditions arise.

M.Pino

Source: bancaynegocios

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La entrada Brazil’s Central Bank to cut interest rates in March apareció primero en Bitfinance.

In its most recent Monthly Index of Economic Activity (Imacec), the Central Bank of Chile reported economic growth of 2.5 % in April.

This percentage is above the estimates from the latest Economic Expectations Survey (EEE), which predicted a 2.10 % growth in activity.

“The new Imacec result was explained by the growth of all its components, with the performance of mining and services standing out, while the seasonally adjusted figure was decisive for mining,” according to the report, which also cites the non-mining Imacec, placing it at 1.8 %, while the seasonally adjusted figure rose 0.3 % in one month and 2.4 % in twelve months.

The production of goods and services showed annual growth of 4.6 %, while trade grew 3.9 % annually. The automotive sector saw the highest vehicle sales. “The seasonally adjusted figures showed a contraction of 0.5 % compared to the previous month, impacted by the results of wholesale and automotive trade.”

M.Pino

Source: biobiochile

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La entrada Chile’s economy grew 2.5 % in April apareció primero en Bitfinance.

Venezuelan President Nicolás Maduro announced the delivery of a ton of gold bars to the Central Bank to strengthen reserves.

Maduro stated: “Venezuela is already producing, following the most rigorous international standards, gold bars for its national and international reserves, with the goal of boosting its development using its own gold.”

 

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During this announcement, the president invited investors and artisans who use gold in their works to “promote gold mining under rigorous ecological standards.”

M.Pino

Source: laverdaddemonagas

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La entrada Venezuela’s Central Bank received a ton of gold bars to increase reserves apareció primero en Bitfinance.