In an interview published by Finanzas Digital and with an optimistic message and full of confidence in a progressive economic recovery for Venezuela, Horacio Velutini, director of the National Council for Investment Promotion (Conapri), presented his vision of the Venezuelan financial environment,…
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Central Bank of Venezuela
The bolivar has suffered a devaluation of 44 %
Taking as a reference the value of the dollar for mid-September, located at 8.02 bolívares, a devaluation of the Venezuelan currency is estimated at 40 %.
The US currency, on the other hand, has shot up in the market, leading to a 3 %…
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…
Maduro made economic announcements for Venezuela
Venezuelan President Nicolás Maduro made a series of economic announcements this week, highlighting the creation of a possible cooperation agreement between the country and Colombia.
During the National Council of Productive Economy, the…
Government of Venezuela increased the minimum wage to half a petro
During a speech this Thursday, March 3, Nicolás Maduro announced the increase in the minimum wage to half a petro, which is equivalent to 126.32 bolívares, according to the price presented to date by the Central Bank of Venezuela (BCV) of…
Venezuela ended the year with one-digit inflation
The Central Bank of Venezuela (BCV), in its inflationary figures published last weekend, indicated that this indicator of the country closed for the month of December at 7.6%.
This keeps the Venezuelan inflationary index back in single…
Venezuela starts October with a new monetary cone
From this October 1st, Venezuela implements a new monetary scale and a new cone, which also means the elimination of six zeroes from the local currency that will now become the Digital Bolívar.
According to the Central Bank of Venezuela…
Venezuelan banking will be inactive soon
The vice president of Venezuela, Delcy Rodríguez, reported that from September 30 at approximately 8:00 pm, and until 6:00 am on October 1st, banking activities will be restricted due to currency reconversion.
This was reported by…
BCV announces new currency reconversion in Venezuela
The Central Bank of Venezuela (BCV) announced that as of October 1st, the Bolívar Digital will come into effect in Venezuela, which implies a monetary reconversion.
The Venezuelan agency detailed through a statement that the new monetary…
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…
Bancamiga Exchange Desk achieved first place in June for volume traded
One of Bancamiga's most widely accepted products has been the Exchange Desk, a financial mechanism that operates as a kind of auction through which currencies can be bought or sold legally and transparently, without intermediaries or…
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…