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 the achievements and challenges of his administration during…
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Venezuelan economy
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,…
Venezuela launches event on the petro, its operation and scope
PricewaterhouseCooper (PwC) Venezuela and Aristimuño Herrera & Asociados, will carry out on March 19 an event aimed at orienting Venezuelan managers and business leaders regarding petro and its implications in the economy of Venezuela…
AmberesCoin incorporates Petro / Bolívares trading
The Exchange AmberesCoin incorporated in its platform the Petro / Bolívares (PTR / VES) pair which represents one of the first options within the Venezuelan market for the purchase and sale of Petro with local coin.
AmberesCoin is…
Money exchange offices start selling foreign currency in Venezuela
In September 2018, the Venezuelan government approved the sale of foreign currency to individuals through exchange houses. However, the interested parties had to wait until the publication of the resolution by the Central Bank through the…