Use of foreign currency has increased in the South American country since the government of President Nicolas Maduro relaxed economic...
dollarization
The aim is to incorporate $3 billion circulating on the streets of the South American country into its financial system,...
But the Socialist regime, always reluctant to fully turn its economy over to the dollar, is now making a surprise...
The study from Anova Policy and the Venezuelan Finance Observatory, which gathered data from 354 establishments in Caracas, found that...
People can now buy groceries, medications and other goods that for nearly a decade were impossible to find, thanks to...
Five years ago, before moving to Venezuela, I went to see a friend in London who knew the country well,...
There’s now a group of Venezuelan banking institutions that have been providing debit cards to customers who maintain accounts in...
“One dollar, one dollar!” Carlos Sifontes yells at the top of his lungs while he goes through San Jacinto, in...
Some banks in Venezuela began to deliver debit cards to those who maintain accounts in dollars in the country with...
A group of Venezuelan banks have started issuing debit cards to clients who have accounts in hard currency, a move...
