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DolarToday Venezuela Today, Wednesday, April 13: How much is the exchange rate trading at?

The dollar price in Venezuela according to DolarToday operates this Wednesday in the midst of the new inflation data for March, which stood at 1.4%, and is the lowest variation in a decade.

WHAT HAPPENS TODAY IN VENEZUELA?

The Central Bank indicated that the accumulated inflation in the first quarter of this year reached 11.4%, while the year-on-year (March 2021-March 2022) was 284.4%.

But despite the slowdown of the last six months, prices are still high, which continues to affect the income of families. The minimum wage in the country is equivalent to US$30.

According to experts, the trend of decelerating inflation could be reversed with the entry into force this month of a tax on foreign currency transactions, with which the Maduro administration seeks more income, under the de facto dollarization of the economy.

On the other hand, the United States assured that “for now” it is not maintaining contacts or launching any plan to import oil from Venezuela.

In addition, he confirmed that he spoke with Colombia to increase its supply of crude oil globally.

WHAT IS THE DIGITAL BOLÍVAR?

It is the currency that governs the country after the third monetary reconversion that was applied by the Government. The new reconversion implied that for every million sovereign bolívares a digital bolívar would be obtained or, what is the same, six zeros of the amounts previously drawn would be erased.

Source: Elcomercio

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