Earlier this month, the government announced that it would try to resolve these imbalances by creating a single, unified exchange rate system. Venezuela currently has four different exchange rates. Most dollars are bought from the government at the official rate of 6.3 bolivares fuertes per U.S....
VEB Venezuela Bolivares VND Vietnam Dong VUV Vanuatu Vatu WST Samoa Tala XAF Communauté Financière Africaine Francs B XAG Silver Ounces XAU Gold Ounces XCD East Caribbean Dollars XDR International Monetary Fund Special Draw XOF Communauté Financière Africaine Francs B XPD Palladium Ounce...
Party of Venezuela (PSUV), has been receiving near-daily treatment at this SRI since suffering a hand injury in December. He told me, “Without the SRI I couldn’t have recovered,” explaining that treatment in private clinics costs 3,000-4,000 bolivares a visit. This would have consumed...
Reserve is a tool to exchange fiat currency like Venezuelan bolivares for U.S. dollars via the Reserve (RSV) stablecoin. From everyday purchases to family remittances, Reserve has said that its use cases are increasingly growing in Latin America. After one y...