It is a fact that official economic decisions are beginning to yield positive results, and this is happening in record time. The Central Bank of Venezuela reported single-digit inflation at the end of May 2026, the lowest inflation rate in the last 19 months.

The publication on the BCV’s official website also notes that the National Consumer Price Index (INPC) registered a month-on-month variation of 6.3 %, adding that “With this marked downward trend, we are entering a path of deceleration for 2026.”

The economic decisions made by President (E) Delcy Rodríguez have been firm so far in 2026. First, the restructuring of the economic team, appointing Calixto Ortega Sánchez as vice president of the area and then the economist Luis Pérez as president of the Central Bank of Venezuela. In addition, there is the call for the restructuring of the external debt and the reintegration of Venezuela into international organizations, such as the World Bank and the IMF, which adds transparency to the process.

This has led to and made possible a series of economic successes, including GDP growth in the first quarter of the year, as well as reaching single-digit inflation in May.

Finally, the Central Bank president had already warned of this, stating, “We are going to have single-digit inflation and a significant slowdown for the rest of the year,” which, according to economic analysts, is a major achievement after only a month in office.

The economic plan focuses primarily on the recovery of the oil and mining industries, which will guarantee economic growth, and secondly on strengthening a more efficient exchange rate system to ensure inflation control and investment in capital goods.

Ultimately, the recovery plan aims for a long period of economic growth with moderate inflation.

By: Lorena Mavárez

Reference images: Archive

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Bancamiga consolidates its position as one of the leaders in serving individual and corporate clients, processing more than 111,000 foreign currency orders over the last three months: in March through the Auction mechanism and since April through Digital Intervention.

These results are possible because Bancamiga has a robust, agile, and dynamic technological platform that allows its clients to place orders easily and quickly through Bancamiga Online, explains a statement from the institution.

This entire operation is carried out under the strict coordination of the Central Bank of Venezuela (BCV), facilitating access to foreign currency at the official rate set by the governing body.

During March, the number of transactions processed was 38,254, and between April and May 20, it reached 72,782.

Once the BCV approves the funds, they are credited to each client’s Digital Foreign Currency USD Account. From that moment on, the funds are available for electronic use through any Bancamiga debit card or by reloading the prepaid card in foreign currency, offering the possibility of making purchases, traveling, or paying for services both within and outside the country.

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This historic achievement has been significantly aided by the impact of the innovative campaign “These are the ones that matter,” spearheaded by renowned writer and humorist Claudio Nazoa. The campaign has actively promoted the use of Bancamiga cards as the most efficient and secure tools for managing and leveraging allocated funds.

In this way, Bancamiga demonstrates, through actions, technology, and a personal touch, why, as it approaches its 20th anniversary, it is the bank that has championed development and financial connectivity for Venezuelans, says the document.

 Information and images courtesy of Bancamiga Banco Universal

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Economist César Aristimuño, general director of the Aristimuño Herrera & Asociados Consulting Firm, highlights that the exchange intervention strategy implemented by the Central Bank of Venezuela (BCV) has proven to be effective in containing the advance of dollar prices.

In addition, it points out that this strategy has resulted in a lower cost compared to 2022.

Urgent need to relax banking reserve requirements

However, Aristimuño emphasizes the urgent need to relax the banking legal reserve. Despite the improvements in access to financing in recent months, it considers that this improvement is insufficient to boost the growth of companies and salaries in the country.

Financing gap for key sectors

The economist points out that, according to his estimates, the level of available bank credit does not cover the minimum demand for financing in the industrial and agricultural sectors.

This poses a significant challenge to the development of these sectors.

Focus on the balance of supply and demand

Aristimuño highlights that both the Central Bank of Venezuela and the government have learned lessons from the previous year and have sought a balance between supply and demand instead of anchoring the exchange rate.

Furthermore, it highlights that companies have also learned valuable lessons in this challenging economic context.

With information from national and international media and Doble Llave

(Referential image source: Nohe Pereira, Unsplash)

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La entrada Venezuela finds balance in its exchange strategy, according to economic expert apareció primero en Bitfinance.