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 % devaluation of the bolivar this Friday. These fluctuations in…
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devaluation
Investing in crypto can help face currency devaluation
Investment company Contrarian Horizon Kinetics is suggesting to investors that crypto assets will enable them to meet progressive economic challenges around the world. This company, valued at $ 7 billion, recently reported that land and…
Education as a tool to promote financial inclusion
Financial and technological education has been one of the topics recently discussed during the First Online Latin America Fintech Marathon, organized by the Sociedad Venezolana de Fintech y Nuevas Tecnologías (Fintech Venezuela). Carmen…
Access to dollars in Argentina is increasingly difficult
The Argentine peso has registered a significant loss in value. In addition to this, citizens face greater difficulties in obtaining dollars. Argentina is at a critical moment in economic matters.
The measures taken by the Central Bank of…
Money suffers a continuous devaluation from which people must protect
The manager of corporate finance and investment strategies of Intelinvest, Jorge Kamenar, explains that it is important to distinguish high inflation and differentiate it from a hyperinflationary process. The specialist adds that although…