News

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 ...
Fitch Ratings has affirmed Banco de Venezuela's (BdV) ratings as follows: --Foreign currency Issuer Default Rating (IDR) at 'B+'; --Local currency IDR ...
Caracas, Venezuela - Venezuela launched a new currency with the new year, lopping off three zeros from denominations in a bid to simplify finances and boost confidence in a money that has been losing ...
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 ...
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 ...
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 resolution published on Tuesday.
Venezuela's government announced Friday that it is devaluing the country's currency, a long-anticipated change expected to push up prices in the heavily import-reliant economy. Officials said the ...
Skyrocketing prices have ruined Venezuela’s economy with many people unable to afford even basic necessities — unless you are part of tight circle of politically connected elites with access ...
Venezuela is moving to prop up its national currency after the launch of a new version of the bolivar with six fewer zeros caused prices to spike. The central bank has injected around $40 million ...
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.
Venezuela’s central bank devalued its weakest legal exchange rate nearly 64 percent in its latest currency system as the cash-strapped nation attempts to ease a shortage of dollars that’s ...