Fitch Ratings has affirmed Banco de Venezuela's (BdV) ratings as follows: --Foreign currency Issuer Default Rating (IDR) at 'B+'; --Local currency IDR ...

Venezuela will slash six zeroes off its inflation-battered currency the bolivar to make it easier to use, the central bank said Thursday. The change will take effect October 1 with the issuance of new ...

Sales of foreign currency by Venezuela's public companies, including oil producer PDVSA, to the South American country's central bank quadrupled in 2021, according to a document seen by Reuters.

La economía de Venezuela finalizó el 2011 con una expansión del 4%, gracias en parte a un elevado gasto gubernamental, pero el país sudamericano continuó afectado por una tasa de inflación ...

CARACAS, May 7 (Reuters) - Venezuela will allow local banks to open foreign currency trading platforms as part of a loosening of the OPEC nation's exchange controls, according to a central bank ...

With the currency overhaul, the central bank will issue new notes with face values of five, 10, 20, 50 and 100 bolivars and a one-bolivar coin, Communications Minister Freddy Nanez said on Twitter.

Venezuela's effort to curb high inflation by stabilizing exchange rates is becoming less effective as the local bolivar currency slips in value against the dollar, analysts said on Wednesday. For ...

Marxists believe in the determinism of economics, so it should come as no surprise that Hugo Chávez’s economic vision of “21st-century socialism” is wreaking unusual effects in Venezuela ...

Venezuela is set to debut a new currency that will feature six fewer zeros, a response to years of some world’s worst inflation. The highest denomination of the Venezuelan bolivar had previously ...

Caracas, December 6, 2022 (venezuelanalysis.com) – Venezuela’s bolívar (BsD) is going through a fast devaluation despite government efforts to halt it. The national currency has seen the exchange rate ...

Venezuela Currency Bust Fuels Plastic Surgery Boom Boom Stringent economic controls help create hub for low-cost nips and tucks By Anatoly Kurmanaev Dec. 30, 2015 7:36 pm ET ...