Chavismo Will Decrease Credit for Businesses and Households Despite the Need for Financing
6 Articles
6 Articles
Economist Asdrúbal Oliveros anticipates an increase in public spending and the implementation of measures to try to mitigate the impact on the exchange rate
The economist warned that the combination of greater pressure from bolívars in the foreign exchange market in the face of a reduced foreign exchange offer for this month of September creates a complex scenario where the BCV would be sacrificing productive economic activity in an attempt to control the exchange rate gap, leaving the private sector in a position of greater financial vulnerability.
Editorial (ALN).-The Venezuelan economist Asdrúbal Oliveros analyzed the recent announcements made by the Central Bank of Venezuela (BCV) to the banking sector, which contemplate an increase in interest rates and a reduction in the offer of foreign exchange by the end of the year. «The latest changes announced by the BCV for the banking sector leave [...] The Oliveros entry warns that restriction of credit will sacrifice economic activity to con…
The Central Bank of Venezuela (BCV) reported on Friday that it developed a “technical agenda with national banks” to “optimize processes and strengthen the financial system.” The post on social networks did not provide details about the measures discussed nor about the scope of the meeting with public and private banks. See this post on Instagram [...] La entrada Asdrúbal Oliveros: The BCV is ahead of a month of more bolívars and less currency w…
Economist Asdrúbal Oliveros warned that the Central Bank of Venezuela (BCV) will further restrict credit, after some changes he announced last week in the middle of a meeting with actors from the Venezuelan banking sector. The specialist said these changes will bring "more potential pressure from bolívars on the exchange market and, simultaneously, [...] The entry Asdrúbal Oliveros warns that BCV will sacrifice "even more credit" after changes w…
www,finanzasdigital.com The Central Bank of Venezuela (BCV) reported on Friday that it developed a “technical agenda with national banks” to “optimize processes and strengthen the...
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