The euro recovered this Monday, September 5, and showed an upward trend in a day still marked by the coronavirus disease of the president of the United States (USA), Donald Trump.
The common currency was trading at $ 1.1788 at 15:00 GMT versus $ 1.1714 at the same time on Friday. The European…
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Currencies
ShastaApp was authorized by Sudeban to operate in Venezuela
This week, the Superintendency of Institutions of the Banking Sector of Venezuela (Sudeban) authorized the owners of Shasta App to operate in the country.
It is a digital currency management tool, which comes to help those Venezuelans who…
Argentine companies must sell their savings before requesting foreign currencies
The Central Bank of Argentina issued, this Thursday, May 28, a resolution specifying that companies established in the country must dispose of their assets acquired abroad to cover the debts they obtain with an international supplier and be…
Ethereum price is influenced by Twitter activity
The decentralized open source platform, ethereum, has gone from about $ 130 at the beginning of the year to $ 274 in mid-February, obtaining a 111% profit, after this growth the entire market faced a correction that led to the price of…
China’s reserves approach $ 3.1 billion
The State Administration of Foreign Exchange (SAFE) indicated that China's foreign exchange reserves grew to $ 3.108 billion.
The balance of 2019 with respect to the savings of the Asian nation showed a growth of 35.212 million dollars.…
Trump asks the Federal Reserve to lower interest
The president of the United States, Donald Trump, asked the Federal Reserve, the US central bank, a new reduction of interest rates and to resume its quantitative relief program to weaken the exchange rate against other currencies and boost…
Venezuela advances in the cryptocurrency ecosystem
This Wednesday, Nicolás Maduro announced the creation of 25 ticket offices of the Banco de Venezuela at the national level for the exchange of currencies in bolivars, the national currency. The announcement was made during an official act…
Central Bank of Argentina will intervene in the foreign exchange market
On Monday, the Central Bank of the Argentine Republic (BCRA) announced that it will intervene in the exchange market in order to "aggressively reduce the amount of pesos" circulating in the market.
One of the fields it will intervene is…
Venezuelans turn to the dollar as a means of payment
The population of the Caribbean country must face insecurity, delays in their routine activities, paralysis of the educational system and supply of gas, water and transportation due to recent blackouts In Venezuela.
Electricity cuts due to…
Venezuelan banks authorized to sell euros to the public
The Central Bank of Venezuela and the Ministry of Economy and Finance announced new conditions for retail operations for authorized exchange operators.
Following the Exchange Agreement No. 1, of September 2018, banks can now market up to a…
UK warns of rising cryptocurrency scams
A report issued Wednesday in the United Kingdom by the Financial Conduct Authority (FCA) notes that last year there were losses equivalent to US $ 255 million for common scams that include those made with cryptocurrencies.
According to the…
Luis Bárcenas: “Banks will now have less Bs.S to lend”
Within the framework of new economic measures, the Central Bank of Venezuela applied a new banking reserve in less than one month. On this occasion, the entity decided to apply 60%.
As established in the statement regarding this action, it…