Foreign Exchange Market Archives

Why Venezuela’s economy is growing, but prosperity isn’t reaching people’s pockets

October 21, 2026October 21, 2026Tatiana Da GamaLeave a Comment

The IMF projects Venezuela’s GDP to grow 5% in 2026, while monthly inflation slowed in September. However, the minimum wage has remained frozen since 2022. Economist Carlos Dürich attributes this gap to oil’s dominance, the weakness of other sectors, and the unequal distribution of foreign currency. By Neirlay Andrade Venezuela is once again reporting economic […]

Delcy Rodríguez says exchange rate gap fell to 12.3%

August 25, 2026August 25, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.- Acting President Delcy Rodríguez said Monday that the gap between Venezuela’s official exchange rate and the parallel market rate fell from nearly 30% to 12.3% over the past two months as a result of the government’s policies. “We are also reducing the exchange rate gap. Over these two months, we have brought […]