DolarToday Venezuela Today, Friday June 17: know here the purchase and sale price

The dollar price in Venezuela, according to DolarToday, it operates this Friday after the government signed a 20-year strategic cooperation agreement with Iran, which provides for their collaboration in the oil, petrochemical, tourism, food and technology sectors.

Iran and Venezuela sealed their alliance with the signing of a 20-year strategic cooperation agreement, which provides for their collaboration in the oil, petrochemical, tourism, food and technology sectors.

The president of Iran, Ebrahim Raisí, and his Venezuelan counterpart, Nicolás Maduro, attended the signing of the agreement at the Sad Abad Palace in Tehran, in a meeting defined as the beginning of “an indestructible friendship”.

On the other hand, Italian oil company Eni SpA and Spain’s Repsol SA could start shipping Venezuelan oil to Europe next month to offset Russian crude, five people familiar with the matter told Reuters, resuming the search for oil for the swaps. of debt stopped two years ago when Washington intensified sanctions against Venezuela.

The volume of oil Eni and Repsol are expected to receive is not large, one of the people said, and any impact on global oil prices will be modest. But the green light from Washington to resume oil flows from Venezuela to Europe could be a symbolic boost for the Venezuelan president.

It should be noted that President Maduro set the minimum wage at US$28 per month in March, after it had dropped to less than US$2 due to the effects of hyperinflation, the depreciation of the local currency and eight consecutive years of recession before rebound 4% in 2021, according to the government.

Meanwhile, the Central Bank indicated that inflation in March was 1.4%, the lowest variation in a decade.

In the figures accumulated in the first quarter of this year it reached 11.4%, while the interannual figure (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.

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.