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5.6

Venezuelan Central Bank devalues bolivar to 742.23 per USD

The Central Bank of Venezuela (BCV) adjusted the official exchange rate to 742.23 bolivars per US dollar, ending a three-day period of stability. This devaluation reflects ongoing inflationary pressure and currency volatility within the Venezuelan economy.

Efecto Cocuyo1 day agoVECredibility 66%View source

Score Breakdown

Mosaic Score5.6
Confidence0.9
Significance0.5
Source credibility0.7

Intelligence Tags

Locations

Caracas

Entities

countrymarket
Source

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