The quote and price of the BCV dollar for today, at 37.03 bolivars according to the Central Bank of Venezuela (BCV). After the results of the elections in Venezuela were known, in which the CNE announced Nicolás Maduro as the winner, the uncertainty related to the price of the dollar in the face of this political scenario has increased. In that sense, we tell you the latest exchange rate movements in the oil country. Likewise, those people who wish to know the parallel exchange rate can enter the website of DolarToday or Dollar Monitor, which are established based on the supply/demand of bolivars in the main cities of the plains country.
This is how the dollar is quoted in Venezuela on its last day today, October 8, according to information from the Central Bank on its official social network:
It is a Venezuelan-American media company, run by Venezuelans residing in the United States, that focuses its attention on political and financial issues in Venezuela. Dollar Monitor is a platform that publishes the average of the dollar in Venezuela on a daily basis in the parallel currency market.
The dollar was trading above 4 million bolivars in Venezuela’s informal market. (Photo: AFP)
/ Carlos Becerra
The dollar closed the day higher after knowing the results of the presidential elections in Venezuela, where the National Electoral Council (CNE) announced Nicolás Maduro as the winner. The US currency ended Monday at $4,059.9, exceeding the Representative Market Rate which stood at $4,014.5. The maximum value reached by the dollar was $4,081.99, while the minimum was $4,027.1. In total, 2,508 transactions were carried out for an amount of US$1,247 million.
Juan Pablo Vieira, CEO and founder of JP Tactical Trading, commented that the situation in Venezuela generates prevention and expectation among investors. Vieira noted that, given the close relationship and status of an allied government of Venezuela, much more attention will now be paid to the issue of the constituent assembly. Investors remain cautious and cautious, considering that the coming weeks will be crucial in determining local and regional stability.
On the other hand, Bloomberg reported that the monetary policy decisions of the US, Japan and the United Kingdom will be the focus of investors’ attention in the coming days, seeking answers about the short-term evolution of interest rates.
The dollar was trading at 4.78 bolivars in Venezuela this Wednesday. (Photo: AFP)
/ FEDERICO PARRA
WHAT CANDIDATES ARE PRESENTED IN THE VENEZUELA ELECTIONS?
- Nicolas Maduro | United Socialist Party of Venezuela
- Edmundo Gonzalez | Democratic Unity Table
- Antonio Ecarri Angola | Pencil Alliance
- Luis Eduardo Martínez | Democratic Action
- Jose Brito | First Venezuela
- Daniel Ceballos | Alpha
- Enrique Marquez | CG
- Javier Bertucci | The Change
- Benjamin Rausseo | Conde
- Claudio Fermin | Solutions for Venezuela
