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DolarToday is an American website that focuses on Latin American politics and finance.The company is more known for being an exchange rate reference to the Venezuelan bolívar, a currency which is not freely convertible; [2] it is also known for the company's focus in monitoring the Venezuelan economy.
Central Bank of Venezuela Building. The Central Bank of Venezuela (Spanish: Banco Central de Venezuela, BCV) is the central bank of Venezuela.It is responsible for issuing and maintaining the value of the Venezuelan bolívar and is the governing agent of the Venezuelan Clearing House System (including an automated clearing house).
Ámbito Financiero is an Argentine newspaper founded on December 9, 1976, by economist Julio A. Ramos. It is one of the main economic newspapers. It was initially sold in Downtown Buenos Aires, covering mainly the daily prices of the U.S. dollar, gold, stocks, etc., and included other editorials. Ámbito Financiero was acquired by Orlando ...
Other economists, such Ecoanalitica director Asdrubal Oliveros, estimate a less dramatic drop of 30%, depending on how severely the global crisis affects employment.A quarter of Venezuelans ...
Venezuela again topped the misery index according to the World Bank in 2015. [122] [123] The IMF predicted in October 2015 an inflation rate of 159% for the year 2015—the highest rate in Venezuelan history and the highest rate in the world—and that the economy would contract by 10%.
Between September 2017 and August 2018, according to the informal exchange rate, the bolívar fuerte was the least-valued circulating currency in the world. [77] The official exchange rate stood at 248,832 Bs.F per USD as of 10 August 2018, making it the least valued circulating currency in the world based on official exchange rates.
United States of Venezuela, 1 peso (1811), from the first issue of national paper currency. [1] 100 Bolivares, Banco Mercantil Y Agricola . The currency of Venezuela has been in circulation since the end of the 18th century. The present currency unit in Venezuela is the Venezuelan bolívar.
During Venezuela's economic crisis, the rate of gold excavated fell 64.1% between February 2013 and February 2014 and iron production dropped 49.8%. [35] The production of steel and aluminium of multiple Venezuelan steelmakers dropped in 2014, with the state-owned steelmaker Sidor having a drop in production of 33.5%, the lowest levels since the 1980s.