Asdrúbal Oliveros released, this August 10, a video on his social networks, explaining the perspectives of the consulting firm Focus Economics on the dynamics of the Venezuelan economy for the last months of 2021 and for the next year 2022.
According to what was expressed by the economist, the firm…
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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…
Nayib Bukele will give away $ 30 in Bitcoin for using the Chivo App
Nayib Bukete, President of the Republic of El Salvador, announced that his government created its own wallet, called Chivo, to make transactions with Bitcoin. It will be "like carrying a wallet, but on the phone", as a result of the law…
Parliament of El Salvador approves legal tender for bitcoin
The Parliament of El Salvador has approved this Wednesday the legalization of the use of bitcoin, which will be legal tender in the Central American country together with the dollar, as confirmed by the Legislative Assembly through its…
Brazilian real loses value against the dollar
The exchange rate between the Brazilian real and the US dollar stood at 5.35 reais for every dollar this Thursday, which represents a decline of 1.68% compared to the previous day's price, after the Central Bank of Brazil decided at the…
Russia to reduce the use of US dollar in trade
The president of the Lower House of the Russian Parliament, Viacheslav Viktorivich Volodin assured that the country has been gradually reducing its dependence on the dollar.
This is how transactions in national currencies within the space…
Euro depreciates against the dollar
After the inflationary process that occurred in January, the euro depreciated against the dollar, despite the fact that it also showed weakness.
In numbers, the European currency closed the month of January at 1.2023 dollars, thus showing…
Maduro will authorize Venezuelan banks to create foreign currency accounts
Venezuelan President Nicolás Maduro announced that his administration will authorize Venezuelan banks to create accounts for payment in foreign currency and reiterated that the country is heading "towards a 100% digital economy."
“We are…
Euro passed the $ 1.22 mark after Brexit deal
The Efe agency reported that the euro exceeded 1.22 dollars in the currency market of Frankfurt (Germany), on a festive day in Europe and hangover, after the agreement between the United Kingdom and the European Union (EU) that will define…
Gold price increases due to dollar weakness
This Friday Gold rose to 1 % and is on track to register a second consecutive weekly gain, due to the weakness in the dollar and the negotiations for new stimulus measures in the United States which led investors to buy bullion as hedge…
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…
Bitcoin hits its highest point in the last 14 months
The bitcoin once again exceeded $ 12,000 and thus reached its highest price in the last 14 months.
The most popular digital asset in the world, after the fall registered at the beginning of the coronavirus pandemic, has seen how its value…