economy

BCV will offer $200 million more

The Central Bank of Venezuela (BCV) reported this Tuesday that a new offer of 200 million dollars is underway to complete the offer from January and the first week of February.

BCV will offer $200 million more

TL;DR

  • The Central Bank of Venezuela (BCV) announced a new offer of 200 million US dollars.
  • This new offer complements previous sales from January and early February.
  • A total of 300 million US dollars has already been sold from hydrocarbon exports.
  • The funds will be channeled through the national public and private banking system and the BCV.
  • The objective is to consolidate and stabilize the market and protect workers' income.
  • The BCV will continue to enable sales mechanisms and incorporate financial institutions.
  • A technical adaptation period is required for new mechanisms to ensure security.