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CATEGORY: central bank of venezuela


Jun 25, 2023 05:50

Venezuela to Integrate Russian Mir Payments System in De-Dollarization Push

The government of Venezuela has announced that it is currently working to integrate Mir, a Russian electronic card and transfer payments system. President Nicolas Maduro backed this integration, stating that this move is part of a de-dollarization push. More than 40,000 payment terminals are being adapted to accept Mir-compliant cards. Venezuela Integrates Russia’s Mir Payments [...]

The post Venezuela to Integrate Russian Mir Payments System in De-Dollarization Push appeared first on Crypto Breaking News.

Mar 22, 2023 02:10

Central Bank of Venezuela Lags in Delivering Economic Data, Experts Fear Upcoming Hyperinflation

The Central Bank of Venezuela is lagging when it comes to delivering economic data this year, failing to publish the inflation numbers for the last four months. Venezuelan economists believe this delay might mean that the country is starting to enter a new hyperinflation period, with the government trying to hide it by not offering [...]

The post Central Bank of Venezuela Lags in Delivering Economic Data, Experts Fear Upcoming Hyperinflation appeared first on Crypto Breaking News.

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