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…
Read More...
Browsing Tag
monetary cone
Venezuelan banks will adjust platforms to new monetary expression
Venezuelan financial entities will not offer regular service to citizens at the different headquarters "main, agencies, branches, offices and ticket offices" on Thursday, September 30 and Friday, October 1st, due to the changes in their…
New monetary cone bills available in Venezuelan banks
Financial institutions in Venezuela began to receive gradually the new notes for the expansion of the monetary cone last week; but not all began to deliver them through the box office. It is worth remembering that on Monday, June 24, it was…
Central Bank of Venezuela expands the monetary cone
The Central Bank of Venezuela (BCV) announced that as part of the process of extending the current monetary cone it will include three new notes to the current family of monetary species. The purpose of the measure is to make payment…
Venezuela leads BTC exchange in Latin America
In Venezuela there has been an exchange in bitcoin (BTC) in the order of 13% of the nearly 7 billion dollars in cryptocurrencies through LocalBitcoins.
This places the South American country at the top of the list of the region and in the…