The official entity has not yet published the behavior of the Inpc, corresponding to July.
Courtesy | There was an increase of 0.85% in placement of foreign currency
The Central Bank of Venezuela (BCV) put up for sale in the banking sector regarding 90 million dollars for foreign exchange intervention, an operation that was divided into two with a rate established at 5.96 bolívares per euro, with an increase of 0.85 % compared to the previous placement, according to Banking and Businesses.
The monetary entity registered more than 30 interventions so far this year. This would bring the total to $2.905 million in less than eight months. Until now, the financial institution has injected into the Bank an amount of foreign currency that exceeds 46.5%, with the total amount of 1,553 million that it allocated to contain the exchange rate during the 2021 financial year.
The BCV has not yet published the behavior of the National Consumer Price Index (Inpc), corresponding to July. But it is known that there has been a moderate movement in the official exchange rate, somewhat less than 30%. In the same period, in 2021, there was an increase of more than 260%, along with a slowdown in inflation.
According to the record kept by the Banking and Business web portal, in the first quarter of the year, 938 million dollars were sold to the Bank, in euros and US currency, which means that it placed 33.56% in that period. of the total injected so far in 2022.
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