The price of the dollar in the parallel market opened the day on Tuesday, April 29 at 109.00 bolivars, while the price of the official dollar offered by the Central Bank of Venezuela (BCV) stood at 86.65 bolivars.
In percentage terms, The price of the parallel dollar represents an increase of 2.78% compared to the closure of the day on Mondaywhen it was located at 106.05 bolivars.
The increase in the exchange market reflects the volatility and inflationary pressure that affect the economy of the country. The disparity between both rates is mainly due to factors such as high inflation, economic uncertainty and limited offer of foreign exchange in the official market.
The situation directly impacts citizens, who face greater costs in goods and services, especially those that are governed by the parallel exchange rate. Merchants and workers are forced to adjust their prices to mitigate the losses derived from the exchange gap.
Given this, Many citizens and merchants have begun to use an average exchange rate. This Tuesday was around 97.00 bolivars, according to reports, as a way to find an intermediate point that facilitates daily transactions and reduces losses in purchase and sale contexts.
Related news
mayo 2, 2025
mayo 2, 2025
mayo 2, 2025
April 30, 2025
April 30, 2025
April 30, 2025
Independent journalism needs the support of its readers to continue and ensure that the awkward news that you do not want you to read, continue to be at your fingertips. Today, with your support, we will continue working hard for a journalism free of censures!Support El Nacional
