Parallel exchange rate in Venezuela to rise by 10% in July

The parallel exchange rate in Venezuela could cross 32 bolivars by the end of July, according to financial firm Síntesis Financiera, forecasting a 10% increase throughout the month. The firm, led by economists Tamara Herrera and Ruth de Krivoy, projects that the parallel market rate will close at 32.45 bolivars per dollar, while the official […]

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