the Central Bank of Venezuela (BCV) found itself shedding about $632 million in the last quarter of 2024. This was all in a bid to keep the bolívar from falling further against the US dollar ...

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Venezuela's Bolivar fell 17% against the US dollar from less than a week ago, leaving minimum monthly pensions and wages at around US$ 9.20, it was reported in Caracas Friday. Set at 130 bolivars ...

The measure aims to preserve foreign currency reserves amid the global economic crisis and Venezuela's own declining oil revenues. It tightens restrictions in place since a prolonged oil strike in ...