The price of the BCV dollar has been updated today at 36.6 Bolivars, according to the Central Bank of Venezuela (BCV). After the results of the elections in Venezuela were revealed, in which the CNE declared Nicolás Maduro the winner, the uncertainty related to the price of the dollar has increased in the face of this political scenario. In that sense, we tell you about the latest exchange rate movements in the oil country. Likewise, those who want to know the parallel exchange rate can enter the DolarToday or Monitor Dollar website, which are established based on the supply / demand of the Bolivar in the main cities of the Llanero country.
According to information provided on the official social network of the Central Bank, today, August 23, the dollar in Venezuela has been quoted as follows on the last day:
It is a Venezuelan-American media company, run by Venezuelans living in the United States, which focuses on political and financial issues in Venezuela. Dollar Monitor is a platform that publishes dollar averages on a daily basis in the parallel currency market in Venezuela.
The dollar was trading above 4 million bolivars in Venezuela’s unofficial market. (Photo: AFP)
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The dollar closed with gains the day after Venezuela learned the results of the presidential election, where the National Electoral Council (CNE) declared Nicolas Maduro the winner. The US currency ended Monday at $4,059.9, higher than the representative market rate of $4,014.5. The maximum value of the dollar was $4,081.99, while the minimum was $4,027.1. In total, 2,508 transactions were carried out for the amount of US $1,247 million.
Juan Pablo Vieira, CEO and founder of JP Tactical Trading, commented that the situation in Venezuela creates fear and expectation among investors. Vieira added that, given the close relationship and position of Venezuela’s allied government, more attention will now be paid to the issue of the Constituent Assembly. Investors remain cautious and cautious, noting that the coming weeks will be crucial in determining local and regional stability.
On the other hand, Bloomberg reported that monetary policy decisions from the US, Japan and the United Kingdom will be the focus of investors in the coming days, who will seek answers about the short-term evolution of interest rates.
This Wednesday the dollar was trading at 4.78 bolivars in Venezuela. (Photo: AFP)
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Which candidates ran in the Venezuela elections?
- Nicolás Maduro | United Socialist Party of Venezuela
- Edmundo Gonzalez | Democratic Unity Table
- antonio echarri angola | Pencil Alliance
- Luis Eduardo Martinez | Democratic action
- Jose Brito | First Venezuela
- Daniel Ceballos | Alpha
- Enrique Marquez | CG
- Javier Bertucci | change
- Benjamin Rousseau | Conde
- Claudio Fermin | Solutions for Venezuela