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The Venezuelan currency, the bolivar, fell 5% last Friday once morest the dollar compared to last January 2 -the first business day of 2023-, according to the prices of the US currency offered by the Central Bank (BCV).
The issuing entity reported that the price of the North American currency, used in most commercial transactions in the country, closed the day this Friday at 18.61 bolivars in the official market, which represents an increase of 6% compared to the opening exchange rate of the year, which was 17.55 bolivars.
The devaluation reinforces the rejection of Venezuelans to their currency, who seek to exchange for products or currencies, mainly dollars, to try to protect their income from the accelerated depreciation.
