BCV Sets Bolivar–Dollar Rate at 228.47 Today, November 7
Caracasโ – โThe Central Bankโข of Venezuela โข(BCV)โฃ announced โtoday, Friday, November 7, a new official exchange rate of 228.47 bolivars per U.S. dollar. This โขmarks a shift in the benchmark rate used for various economic transactions withinโ theโ country.
The BCV also โpublished an updated euroโข exchange rate, rising toโฃ 263.29 โขbolivars. These rates, steadfast as a weighted average of daily banking operations, impact businesses, importers,โ and individuals relyingโข on official exchangeโฃ rates for financialโข planning.Other currencies tracked by the โBCV โinclude the Chinese yuan (CNY) at 32.09โฃ bolivars, theโ Turkish Lira (TRY) at 5.42โฃ bolivars, and the Russian Ruble (RUB) at 2.81 bolivars. The โคBCV’s โpublication of these rates โฃaims to โprovide clarity in Venezuela’s โขexchange processโ amid ongoing economic fluctuations.