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The price of the euro has risen on the official market of complementary currencies (Dicom) after its latest offer, according to data offered this Friday by the Central Bank of Venezuela (BCV).
The BCV reported the result of the auction number 23, according to which one euro is traded in the oil country for 168,609.60 bolivars, after the common European currency was quoted in the latest bid to 140,000, 00 bolivars.
Although the Dicom newsletter does not include the result in dollars, the BCV reported it based on the relationship between the US and European currency.
Thus, a dollar today costs 144,000 Bolivars in Venezuela, while at the last auction there were 120,000 bolivars
. These prices are thousands of times higher than the rate of 40,000. the extinction of the Foreign Exchange (Dipro), which has granted preferential dollars at the price of 10 bolivares per unit.
This rate was repealed in January to make way for Dicom, the official exchange rate in the oil country, where there is a strong exchange control that has been operating since 2003 and grants the state a monopoly over the foreign currency.
The auction system was reactivated by the Venezuelan government at the end of January. after September 2017 has been suspended. At that time, it recorded a rate of 3,345 bolivars per dollar and 4,142 per euro. [19659004] With these results, the Caribbean minimum wage is set at $ 36.1 per month.
Writing NTN24 Venezuela- With EFE Information
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