As of this March 8, three new banknotes will be circulating to the current monetary cone, as announced by the Central Bank of Venezuela (BCV) recently.
According to the agency, these pieces will be those of 200,000, 500,000 and 1,000,000 bolivars, the latter being the one with the largest…
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Central Bank of Venezuela
Maduro bets on the digitization of the economy
The President of Venezuela, Nicolás Maduro, reported on his plans to implement the use of a "digital Bolivar" in the country.
Despite not offering further details, the national president indicated that "there is a good surprise for the…
Bancamiga Exchange Desk registers upturn thanks to the trust of its clients
The Exchange Desk is a legal way to acquire foreign currency in the national market, with total confidence and security for clients, without intermediaries or surcharges.
During the transmission of the Conecta2 program, María Esther…
ABV alerts regarding illiquidity in banks and requests the BCV to review the legal reserve
The Venezuelan Banking Association (ABV) alerted the Central Bank of Venezuela (BCV) about the difficult liquidity situation facing the banking system and requested the revision of the legal reserve rate of 93% and other measures that…
Electronic transactions and economic digitization are strategic for Venezuela
"In 2021, emphasis will be placed on strengthening electronic transactions and the digital economy", stressed the senior official.
Members of Nicolás Maduro's administration participated this Friday, January 8, in a meeting with the…