PDVSA, Venezuela’s state-owned oil company, might issue up to $3 billion in bonds before the end of the year and the country is expected to devalue the bolívar next year, according to bankers. This ...

(Reuters) - Venezuelan bond prices jumped on Monday after President Hugo Chavez sharply devaluated the bolivar currency last week in a move to bolster government coffers that could hurt his support ...

Venezuela, one of the world’s largest oil producers, is taking an unusual path to keep its oil trade flowing. Instead of relying on banks, the country has started using USDT, a type of digital dollar ...

Venezuelans are ditching the bolívar for stablecoins like USDt as inflation soars to 229%, with stablecoins now used for ...

Despite short-term gains for the government, the long-term outlook for the Venezuelan economy following a currency devaluation last month looks bleak. "The devaluation provides a short-term fiscal ...

Venezuela's Central Bank has suspended foreign exchange trading for five trading days in a bid to stem capital flight and the devaluation of the bolivar. The economic measures were announced hours ...

CARACAS, Feb 9 (Reuters) - Opposition leaders derided another currency devaluation by President Hugo Chavez's government as evidence of economic incompetence, while some anxious Venezuelans hit the ...

Dec 30 (Reuters) - Venezuela said on Thursday it was abolishing the lowest exchange rate of 2.6 bolivars per U.S. dollar in a measure that effectively devalued the South American country's currency ...