Conflicts in the Middle East have always influenced oil prices. The current crisis in the region is no exception, and the increase in the price of a barrel of crude oil has a positive impact on the Venezuelan economy.
Expert opinions indicate that conflicts in the Middle East generate an upward…
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Venezuelan economy
Transactions in bolivars exceed 75 % in Venezuela
Recent data from Ecoanalítica show that more than 75 % of transactions in Venezuela are made in bolivars.
The partner director of the survey, Asdrúbal Oliveros, revealed these data in a graph that summarizes the payment ecosystem in the…
Price of the BCV dollar this Thursday, July 11
The Central Bank of Venezuela publishes the price of the official dollar for this Thursday, July 11, which closes at 36.53 bolivars and applies to all transactions in the territory.
The following update will be published by the BCV this…
Maduro will report to the AN on January 15
The President of Venezuela, Nicolás Maduro, will report to the National Assembly in his annual message to the nation, made on the last day allowed by the Constitution. Maduro, who took office in 2013, appeared before Parliament to outline…
IMF: Venezuelan economy will be saved from the slowdown
According to the most recent Economic Outlook report of the International Monetary Fund (IMF), Venezuela will show the second-highest economic growth in Latin America in 2022 and the best performance in the region in 2023.
For the…
BVC celebrates increase in public offering of BDV shares
The Caracas Stock Exchange (BVC) reported, through its social networks, that the board of directors of the institution receives with "enthusiasm" the decision of the Bank of Venezuela (BDV) to increase the public offering of shares in the…
The Venezuelan cryptocurrency Petro turned three years
The Petro, the Venezuelan cryptocurrency devised by the president, Nicolás Maduro, to pay international suppliers in the face of the country's shortage of currency, turned three years since its launch on Saturday, February 20.
In 2018,…