The monetary reconversion that came into effect as of today, "will not put a brake on inflation, because the bolivar does not have a way to maintain its value, causing the dollar to become the currency of daily use." This was stated by the economist Benjamin Tripier.
In his opinion, the Venezuelan…
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currency conversion
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…
Venezuela: In 20 years the bolivar has lost eight zeros
The Venezuelan monetary cone has undergone changes in recent years. Below we reproduce an interesting analysis on the subject made by the journalist Enrique Rondón Nieto and that publishes the portal www.radiorumbos.net.
Within the…