[ad_1]
© Reuters. The currency of Venezuela opens 2023 with a devaluation of 73% against the dollar
Caracas, Jan 2 (EFE) notified this Monday by the Central Bank (BCV).
According to information from the issuing entity, the price of the dollar in the official market closed the first business day of this year at 17.55 bolivars, which means an increase of 283% compared to the exchange rate of a year ago, of 4, 58 bolivars per dollar.
The bolivar registered in December the highest devaluation rate in 2022, falling 35% against the dollar, whose price rose from 11.25 bolivars to 17.48 bolivars in the official market, an increase of 55%, according to the BCV .
The rise in the price of the currency has a direct impact on goods and services, most of which are fixed in the US currency, for which reason experts warned of an acceleration in inflation, which they estimate that in December it exceeded 30%. .
In addition, the rise in the dollar mainly affects public sector workers, whose minimum wage fell to 7.40 dollars, after being equivalent to 29.68 dollars in March 2022, when the Government approved an increase in salary and pension , the last decreed to date.
Today, this income is not enough to buy a kilo of beef, which is sold in butcher shops in Caracas for between 8 and 10 dollars.
[ad_2]