The National Consumer Price Index (INPC) of Venezuela registered a slight increase in October of seven tenths, reaching 6.7 % monthly, while the year-on-year figure fell to 362 %, compared to the year-on-year inflation of 396 % registered in September.
In this way, the Venezuelan price index…
Read More...
Browsing Tag
Venezuela
Venezuelan PDVSA seeks to reactivate 27,966 oil wells in the state of Zulia
Among the production objectives of the Venezuelan oil company PDVSA are plans to “restart drilling after five years of inactivity, even before the relaxation of sanctions,” as leaked by Reuters.
In this sense, the president of the oil…
Electronic commerce represents an economic engine for Venezuela
The president of the Chamber of Electronic Commerce (Cavecom-e), Richard Ujueta, has shared his vision about the transformative role of this sector in Venezuela. In his opinion, this modality has given Venezuelans the opportunity to…
ICJ summons Venezuela and Guyana to a public hearing on Essequibo on November 14
The International Court of Justice reported in a statement that it "will hold public hearings on the request for indication of provisional measures presented by Guyana in the case relating to the Arbitration Award of October 3, 1899 (Guyana…
Venezuela creates the National Association of Cryptocurrency Exchanges
Venezuela has a new organization to regulate and strengthen the crypto ecosystem. The exchange platforms with operations in the country recently created the National Association of Cryptocurrency Exchange Houses and Related Activities,…
Banks will allocate monthly contributions to loans for Venezuelan entrepreneurs
Nicolás Maduro, president of Venezuela, recently announced the creation of the Great Venezuela Women Mission, which includes Credimujer, a financing mechanism for Venezuelan entrepreneurs who will receive 15 % of their monthly credit…
Banks will remain closed on Monday, November 6
Banking agencies throughout the Venezuelan territory will remain closed next Monday, November 6, due to All Saints' Day, celebrated on the calendar on November 1.
The official calendar of the Superintendency of Banking Sector Institutions…
Exports between Venezuela and Colombia increased 67 %
The Venezuelan-Colombian Economic Integration Chamber (Cavecol) published data on exports between both nations, highlighting an increase of 67 % in the period from January to June 2023.
According to this figure, between Venezuela and…
Bancamiga arrives in Guárico with its agency number 42
With the purpose of boosting business, banking more Venezuelans and projecting the growth of the region, Bancamiga arrived with its 42nd agency in Valle de la Pascua, in the state of Guárico.
Located on Rómulo Gallegos Avenue, in location…
The Twentieth National Congress of the Venezuelan Society of Interventional Cardiology will be on…
On November 17 and 18, the Twentieth National Congress of the Venezuelan Society of Interventional Cardiology (SOVECI) will take place at the Eurobuilding Hotel in the city of Caracas.
For two days, “national and international guests will…
Venezuelan Supreme Court suspends opposition primaries “for all purposes”
The Supreme Court of Justice (TSJ) of Venezuela has suspended "for all purposes" the primary process organized by the opposition and from which former deputy María Corina Machado emerged the winner, on the grounds that several crimes could…
Monday, October 30 will be a bank holiday
Next Monday, October 30, banking agencies throughout Venezuela will be closed for the holiday corresponding to the day of José Gregorio Hernández, which is commemorated on the 26th in the calendar.
The Superintendency of Banking Sector…