The bi-monetary economy grows double digits while the bolivar loses a quarter of its value
The macroeconomic outlook evaluated for the investor. GDP, inflation, exchange rate, budget and monetary policy.
Official BCV: 451 Bs/USD · complementary: ~560-650 Bs · Spread: 25-30% · INPC inflation Feb: 14.6% monthly (618% annualized) · Reserves: $14.125M · 80% of foreign exchange transactions via crypto platforms. Oil revenues are channeled to accounts supervised by the U.S. Treasury through a trust in Qatar.
Oil revenues ($863M January 2026) → U.S. Treasury custody (Foreign Gov. Deposit Funds) → BCV / Budget (Conditional release)
Locked content
"The bi-monetary economy grows double digits while the bolivar loses a quarter of its value" requires Explorer plan
Unlock this content with the Explorer plan from $19/mes.
- ✓ Full analyses included
- ✓ Sector Briefs and Weekly Briefing
- ✓ Basic Data Hub with key indicators
- ✓ Cancel anytime
FURTHER READING
04Venezuela macro August 2026: the slide moderates and the accounts remain unaudited
The official rate rose 19.84% in July, but in August the slide eases to 5.09%. The central bank reported 7.14% growth in the second quarter and the Fund projects 4% for the year: nothing available today arbitrates between the two figures.
Venezuela's exchange no longer values companies: it lends to them, and that is 96.5% of its volume
The country has a capital market that works, though not to value companies: it works to fund them short-term, the one thing banks cannot do today.
Venezuela's housing law: who funds the build if the down payment goes into a trust
The law enacted on August 25, 2026 takes the buyer's down payment off the developer's balance sheet and releases it only against certified work and complete permits. The Venezuela Renace program subsidy already runs through three state banks, but it pays for finished homes on the secondary market.
GL 62 — Negotiations of and Entry Into Contingent Contracts for Investment in the Telecommunications Sector of Venezuela
Authorizes transactions prohibited by the VSR — including those involving the Government of Venezuela, CONATEL, and CANTV — related to the negotiation of and entry into contingent contracts for new investment in the telecommunications sector of Venezuela, provided that performance of any such contract is made expressly contingent upon separate authorization from OFAC. Covers establishing new telecommunication service providers, expanding existing operations, and forming new joint ventures or other entities, along with prefatory steps such as commercial, legal, technical, safety, and environmental due diligence and assessments. No periodic reporting and no expiration date.
© 2026 VeneEconomist. Unauthorized distribution prohibited.