Browsing Tag

exchange system

Venezuelan President Nicolás Maduro recently assured in an interview that he intends to create a stable exchange system. In a conversation with the Spanish journalist and writer, Ignacio Ramonet, the president spoke about the economic situation in Venezuela, highlighting the task that he wants to…
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Venezuela will collect taxes through crypto

The Bolivarian Council of Mayors in Venezuela has signed a "National Tax Harmonization Agreement" in accordance with the country's 305 municipalities, which allows city residents to pay taxes and fines using the national cryptocurrency…

13 banks join the new exchange system in Venezuela

During the second day of operations of the Venezuelan banking exchange tables, other banks entered into this system that averaged an exchange rate of 5,256.12 bolivars per dollar. The novelty of this day was the entrance to the ring of…

BCV announces the application of a legal reserve

This Tuesday the Board of the Central Bank of Venezuela (BCV) announced new measures that would directly affect the country's exchange system. It is about the application of a new legal reserve of two levels; an ordinary 57% and a marginal…