DolarToday Venezuela Today, Wednesday, June 22: find out the purchase and sale price here

The dollar price in Venezuela, according to DolarToday, operates this Wednesday, due to lower risk aversion, although fears of a global recession kept investors cautious on a day in which the Colombian markets recorded heavy losses.

PRICE OF THE DOLLAR IN VENEZUELA THIS JUNE 22

The dollar stood at 5.65 digital bolivars today in the informal market in Venezuela, according to data from the DolarToday portal

WHY DID IT CLOSE UP?

Regionally, Latin American currencies were mixed on Tuesday as most stock markets rose on lower risk aversion, though fears of a global recession kept investors cautious on a day in which Colombian markets recorded heavy losses.

According to the Reuters agency, the Colombian markets led the falls, as a reaction to the victory of leftist Gustavo Petro in the presidential elections over the weekend, which accentuated investors’ fears about some of his proposals.

On the other hand, 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. to 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.

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.