With Real and Medio presents the economic indicators of Venezuela this Friday, May 7, 2025:
BCV dollar: According to the Central Bank of Venezuela 91.21 bolivars is what a person needs to buy a dollar. That is, it rose 2.80 % with respect to yesterday.
Parallel dollar: In the parallel market, 113.82 bolivars are required to acquire a dollar, which means that it rose 1.35 % compared to Tuesday.
The exchange gap: Between the official dollar and the parallel it was reduced to 24.78 %.
Colombian weight: A person in La Guajira, Zulia state, needs 48.56 Colombian pesos to buy a bolivar, according to the XE application.
Minimum wage: The minimum wage in Venezuela is 130 bolivars since 2022, equivalent to $ 1.42, according to the rate published on the web portal of the Central Bank of Venezuela.
Gasoline: Attention drivers and carriers because gasoline has a cost of 45.60 bolivars per liter.
Bitcoin: What happens in the world of cryptocurrencies? Bitcoin rose to $ 96,353.
Ethereum: Ethereum, the second most popular cryptocurrency in the world after Bitcoin, increased to $ 1,809.
-Comment with real and medium
In March Spain imported 296 kilotons (KT), or 296 thousand tons of crude oil from Venezuela. This represents an increase of 97 % compared to February, when 150 thousand tons were reached.
With these Venezuela numbers, he held the ninth place among the main crude oil suppliers in Spain, behind Brazil (713 KT), Mexico (628 KT) and six other countries, according to data published by the Corporation of Strategic Reserves of Petroleum Products (CORES).
In February Venezuela also reached the ninth place in oil exports, with a total of 150 kt, surpassing Equatorial Guinea (140 kt), Ghana (124 kt), among others.
Uncertainty or optimism?
This growth in crude imports happens at a key moment, prior to the end of licenses that allow companies such as Chevron, Repsol, Maurel & Prom, ENI and Reliance to operate in Venezuela.
It is known that Chevron’s license will expire on May 27. This date was established by the Office of Foreign Assets Control (OFAC) of the United States, after President Donald Trump ended permission that allowed him to extract, process and export Venezuelan oil.
However, the expiration date of the licenses to the other four companies has not been officially confirmed.
Experts such as Alejandro Grisanti, director of the Ecoanalithic firm, have assured that with the combination of oil prices, the reduction of production due to the suspension of licenses and the increase in the discount margin, it could cause a loss of up to $ 10,000 million for Venezuela in the next 12 months.
Before this panorama, the ruler Nicolás Maduro has expressed optimism after meeting with workers in the oil sector. According to him, they not only told him that production is still on the right track, but also plan to increase it.
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