Investment Trader
Open Trade
1.4 Years
Graduado en Economía en la Universidad de Carabobo-Vzla año 1981.
MBA en finanzas, Armstrong University USA 1985. Hoy redactor de contenidos para Binance.
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New World Order (NWO)
The phrase "new world order" can refer to two distinct concepts: a historical period characterized by geopolitical changes and a conspiracy theory about a single global government. In the geopolitical realm, it is used to describe a reconfiguration of the balance of power on a global level. In the context of conspiracy theories, it refers to a plan to create a world government controlled by an elite.
New World Order in Geopolitics:
1. Historical Changes.- The expression "new world order" is often used to describe a transitional period in which significant changes occur in international relations, the balance of power, and political ideologies.
2. Historical Examples.- It has been used to refer to the situation after the end of World War II, the end of the Cold War, and the economic crisis of 2008.
3. Reconfiguration of Power.- It involves a reorganization of relationships between nations and the emergence of new actors on the international stage.
New World Order as a Conspiracy Theory:
1. World Government.- The conspiracy theory of the New World Order posits the idea of a single, bureaucratic government controlled by an economic and political elite, with the aim of taking control of the world.
2. Elitism and Plutocracy.- An elite with economic and political influence is identified as responsible for this plan.
3. Origin and Evolution.- The theory has had various interpretations and has been modified over time, adapting to different events and contexts.
In summary, the term "new world order" is ambivalent. It can refer to realistic changes in global geopolitics or to a conspiracy theory that posits the existence of a plan for a single world government.
The phrase "new world order" can refer to two distinct concepts: a historical period characterized by geopolitical changes and a conspiracy theory about a single global government. In the geopolitical realm, it is used to describe a reconfiguration of the balance of power on a global level. In the context of conspiracy theories, it refers to a plan to create a world government controlled by an elite.
New World Order in Geopolitics:
1. Historical Changes.- The expression "new world order" is often used to describe a transitional period in which significant changes occur in international relations, the balance of power, and political ideologies.
2. Historical Examples.- It has been used to refer to the situation after the end of World War II, the end of the Cold War, and the economic crisis of 2008.
3. Reconfiguration of Power.- It involves a reorganization of relationships between nations and the emergence of new actors on the international stage.
New World Order as a Conspiracy Theory:
1. World Government.- The conspiracy theory of the New World Order posits the idea of a single, bureaucratic government controlled by an economic and political elite, with the aim of taking control of the world.
2. Elitism and Plutocracy.- An elite with economic and political influence is identified as responsible for this plan.
3. Origin and Evolution.- The theory has had various interpretations and has been modified over time, adapting to different events and contexts.
In summary, the term "new world order" is ambivalent. It can refer to realistic changes in global geopolitics or to a conspiracy theory that posits the existence of a plan for a single world government.
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Article for reflection: The financial crisis of 2008
The origin of the 2008 global economic crisis was in the U.S.
The financial crisis of 2008, also known as the Great Recession, was a global economic crisis that originated in the United States and rapidly spread worldwide. It was a liquidity and credit crisis that affected financial markets, the industrial sector, and employment globally.
Causes:
The crisis originated in the United States with the subprime mortgage crisis, which refers to mortgage loans granted to individuals with low credit risk. These loans were offered by banks and other financial institutions that, aiming to increase their profits, bundled them and resold them to other investors as if they were bonds.
The financial crisis of 2008, also known as the Great Recession, was a global economic crisis that originated in the United States and rapidly spread worldwide. It was a liquidity and credit crisis that affected financial markets, the industrial sector, and employment globally.
Causes:
The crisis originated in the United States with the subprime mortgage crisis, which refers to mortgage loans granted to individuals with low credit risk. These loans were offered by banks and other financial institutions that, aiming to increase their profits, bundled them and resold them to other investors as if they were bonds.
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Growth projections of global economic outlooks 2024-2026
Source: International Monetary Fund (IMF)
Source: International Monetary Fund (IMF)
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The global economy enters a new era
In a context of trade tensions and high uncertainty regarding policies, the way forward will be determined by how difficulties are confronted and opportunities are seized.
The international economic system in which most countries have operated for the last 80 years is resetting, marking the beginning of a new era for the world. Existing norms are being called into question, while new ones have yet to emerge. The wave of tariff announcements by the United States, which began in late January with Canada, China, Mexico, and several critical sectors, culminated in the almost widespread imposition of levies on April 2. The effective tariff rate of the United States has risen above the levels reached during the Great Depression, while the responses from its major trading partners have significantly raised the global rate.
As a result, an epistemic uncertainty and unpredictability regarding policies have emerged as the main factors behind economic prospects. If maintained, this sharp increase in tariffs and the resulting uncertainty will significantly slow global growth.
Source: International Monetary Fund (IMF)
In a context of trade tensions and high uncertainty regarding policies, the way forward will be determined by how difficulties are confronted and opportunities are seized.
The international economic system in which most countries have operated for the last 80 years is resetting, marking the beginning of a new era for the world. Existing norms are being called into question, while new ones have yet to emerge. The wave of tariff announcements by the United States, which began in late January with Canada, China, Mexico, and several critical sectors, culminated in the almost widespread imposition of levies on April 2. The effective tariff rate of the United States has risen above the levels reached during the Great Depression, while the responses from its major trading partners have significantly raised the global rate.
As a result, an epistemic uncertainty and unpredictability regarding policies have emerged as the main factors behind economic prospects. If maintained, this sharp increase in tariffs and the resulting uncertainty will significantly slow global growth.
Source: International Monetary Fund (IMF)
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Global Perspectives and Policies
Global growth is projected to slow down after a period of stable but disappointing performance, amid changes in policies and new uncertainties. Overall global inflation is expected to decrease further, despite upward revisions in some countries. The risks to the outlook are tilted to the downside. Escalating trade tensions and high policy-induced uncertainty could further hinder growth. Changes in policies could lead to a sharp tightening of global financial conditions and capital outflows, which would particularly affect emerging markets. Demographic changes threaten fiscal sustainability, while the recent cost-of-living crisis could reignite social unrest. More limited international development assistance could further indebted low-income countries, jeopardizing their standard of living. At this critical juncture, it is necessary to calibrate policies to foster international cooperation while ensuring domestic economic stability, thereby contributing to reducing global imbalances.
Global growth is projected to slow down after a period of stable but disappointing performance, amid changes in policies and new uncertainties. Overall global inflation is expected to decrease further, despite upward revisions in some countries. The risks to the outlook are tilted to the downside. Escalating trade tensions and high policy-induced uncertainty could further hinder growth. Changes in policies could lead to a sharp tightening of global financial conditions and capital outflows, which would particularly affect emerging markets. Demographic changes threaten fiscal sustainability, while the recent cost-of-living crisis could reignite social unrest. More limited international development assistance could further indebted low-income countries, jeopardizing their standard of living. At this critical juncture, it is necessary to calibrate policies to foster international cooperation while ensuring domestic economic stability, thereby contributing to reducing global imbalances.
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The International Monetary Fund (IMF) estimates a decline in the global economy and downside risks are intensifying as significant changes in policies occur.
After enduring a prolonged and unprecedented series of disruptions, the global economy seemed to have stabilized, with steady, albeit disappointing, growth rates. However, the outlook has changed as governments around the world reorganize their policy priorities and uncertainty has reached new highs. Global growth forecasts have been notably revised downward compared to the January 2025 update of the World Economic Outlook (WEO), reflecting effective tariff rates at levels not seen in a century and a highly unpredictable environment. Overall global inflation is expected to decrease at a slightly slower pace than anticipated in January.
The intensification of downside risks dominates the outlook amid escalating trade tensions and adjustments in financial markets. Divergent and rapidly changing policy stances, or a deterioration of confidence, could lead to even more restrictive global financial conditions. The escalation of the trade war and increased uncertainty surrounding trade policy could further hinder short- and long-term growth prospects. A reduction in international cooperation could jeopardize progress toward a more resilient global economy.
After enduring a prolonged and unprecedented series of disruptions, the global economy seemed to have stabilized, with steady, albeit disappointing, growth rates. However, the outlook has changed as governments around the world reorganize their policy priorities and uncertainty has reached new highs. Global growth forecasts have been notably revised downward compared to the January 2025 update of the World Economic Outlook (WEO), reflecting effective tariff rates at levels not seen in a century and a highly unpredictable environment. Overall global inflation is expected to decrease at a slightly slower pace than anticipated in January.
The intensification of downside risks dominates the outlook amid escalating trade tensions and adjustments in financial markets. Divergent and rapidly changing policy stances, or a deterioration of confidence, could lead to even more restrictive global financial conditions. The escalation of the trade war and increased uncertainty surrounding trade policy could further hinder short- and long-term growth prospects. A reduction in international cooperation could jeopardize progress toward a more resilient global economy.
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A global crisis is approaching: 'seven years of tribulation are coming to the earth according to the Bible'
"This world still must experience a time of 'great tribulation'"
There is no doubt that this world still must experience a time of 'great tribulation, such as has not been seen since the beginning of the world until now,' as our Lord predicted (Mt. 24:21). In Revelation 3:10, He promised to keep believers 'from the hour of trial which shall come upon the whole world, to test those who dwell on the earth.'
That time will be worse than any other known in the history of humanity: much worse than the destruction of Jerusalem in 70 A.D. (one million victims), worse than the bubonic plague (9 million dead), worse than World War I (20 million dead), and worse than the destruction of World War II and Hitler's holocaust (at least 6 million Jews and 4 million Christians died).
There is no doubt that this world still must experience a time of 'great tribulation, such as has not been seen since the beginning of the world until now,' as our Lord predicted (Mt. 24:21). In Revelation 3:10, He promised to keep believers 'from the hour of trial which shall come upon the whole world, to test those who dwell on the earth.'
That time will be worse than any other known in the history of humanity: much worse than the destruction of Jerusalem in 70 A.D. (one million victims), worse than the bubonic plague (9 million dead), worse than World War I (20 million dead), and worse than the destruction of World War II and Hitler's holocaust (at least 6 million Jews and 4 million Christians died).
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IN KEYS: How the parallel dollar plot worked?
During the broadcast last Wednesday, May 28, of his program Con el Mazo Dando, the Minister of Interior Relations, Justice, and Peace, Diosdado Cabello, announced the arrest of 20 people linked to financial terrorism through the manipulation of the parallel dollar price.
“We have been working for days with those who have platforms to say that the dollar is worth I don't know how much,” he assured, while indicating that the investigation was carried out “in silence” and “without any kind of abuse.”
“We have been working for days with those who have platforms to say that the dollar is worth I don't know how much,” he assured, while indicating that the investigation was carried out “in silence” and “without any kind of abuse.”
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Binance co-founder CZ proposes dark pool DEXs to combat manipulation.
Binance co-founder Changpeng Zhao proposed launching a perpetual DEX in a dark pool.
Binance co-founder Changpeng 'CZ' Zhao proposed creating a decentralized exchange (DEX) for perpetual dark pool swaps to prevent market manipulation.
In a June 1 post on X, Zhao said that 'it has always puzzled me that everyone can see your orders in real time on a DEX.'
'The problem is worse in a perpetual DEX where there are liquidations,' he stated.
Binance co-founder Changpeng 'CZ' Zhao proposed creating a decentralized exchange (DEX) for perpetual dark pool swaps to prevent market manipulation.
In a June 1 post on X, Zhao said that 'it has always puzzled me that everyone can see your orders in real time on a DEX.'
'The problem is worse in a perpetual DEX where there are liquidations,' he stated.
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The parallel dollar in Venezuela and USDT are strongly correlated: Asdrúbal Oliveros
The economist states: "many of the transactions at currency exchange desks are conducted on cryptocurrency platforms"
The parallel dollar in Venezuela is averaged using various platforms as a reference, such as Binance.
The exchange rate gap between the official dollar and the parallel dollar is nearly 30%.
Asdrúbal Oliveros, a Venezuelan economist and director of the socioeconomic analysis firm Datanalisis, asserts that the parallel dollar and USDT, the largest stablecoin in the world, maintain a strong correlation in the country's currency market.
The parallel dollar in Venezuela is averaged using various platforms as a reference, such as Binance.
The exchange rate gap between the official dollar and the parallel dollar is nearly 30%.
Asdrúbal Oliveros, a Venezuelan economist and director of the socioeconomic analysis firm Datanalisis, asserts that the parallel dollar and USDT, the largest stablecoin in the world, maintain a strong correlation in the country's currency market.
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The monster of Japanese debt begins to show its teeth
What is happening in Japan and how could this crisis impact the whole world?
1. Bitcoin could end up benefiting from this situation.
2. The unwinding of the carry trade can lead to a drop in bonds and stocks in other countries.
How to face the monster?
The answer to this question is simple and straightforward: with bitcoin (BTC). Although the digital currency may suffer from the volatility of economic turbulence, it is an opportunity to demonstrate its strength as a safe-haven asset, just like gold.
1. Bitcoin could end up benefiting from this situation.
2. The unwinding of the carry trade can lead to a drop in bonds and stocks in other countries.
How to face the monster?
The answer to this question is simple and straightforward: with bitcoin (BTC). Although the digital currency may suffer from the volatility of economic turbulence, it is an opportunity to demonstrate its strength as a safe-haven asset, just like gold.
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Meet Guillermo Goncalves, co-founder of El Dorado, who promoted the parallel dollar.
El Dorado is one of the platforms being investigated for promoting the use of the parallel dollar, affecting the national economy and the wealth of the Venezuelan people.
Guillermo Goncalves, who resides in Argentina, is the co-founder of this platform and was one of the individuals promoting that entrepreneurs and small business owners set their prices in illegal dollars.
"What they have to do is continue running their business model in dollars, referring to the parallel dollar. This is very important since they can never have a business that operates at a loss, and indeed the parallel dollar is the only freely traded dollar. Don't believe the stories that they should be accepting payments in BCV or anything like that," he stated at the time.
"Continue accepting dollars and continue accepting bolívares, but always with reference to the parallel dollar," he advised.
El Dorado is one of the platforms being investigated for promoting the use of the parallel dollar, affecting the national economy and the wealth of the Venezuelan people.
Guillermo Goncalves, who resides in Argentina, is the co-founder of this platform and was one of the individuals promoting that entrepreneurs and small business owners set their prices in illegal dollars.
"What they have to do is continue running their business model in dollars, referring to the parallel dollar. This is very important since they can never have a business that operates at a loss, and indeed the parallel dollar is the only freely traded dollar. Don't believe the stories that they should be accepting payments in BCV or anything like that," he stated at the time.
"Continue accepting dollars and continue accepting bolívares, but always with reference to the parallel dollar," he advised.
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Names, surnames, and photos of detainees in the parallel dollar case
A total of 25 people were identified and detained in nine states of the country for being related to the financial terrorism network, which was responsible for setting exchange rates in currencies with an amount parallel to that determined by the Central Bank of Venezuela (BCV).
In this regard, journalist Eligio Rojas published the names and surnames of each of those involved in this scheme:
-Ramon José Guerrero, from the exchange house @MONITORDOLLARVZLAR.
-Carlos Eduardo Díaz Vásquez, from the exchange house @ALCAMBIO.VZLA.
-Jean Carlos Díaz Vásquez, from the exchange house @ENPARALELOVZLAOFICIAL.
-Ancarlis Jhoseppina Gelluso de Tellechea, from the exchange houses @EMPARLELOVENEZ and @PARALELOVENEZ.
-Maryurit Maracara, from the exchange house @CAMBIOSLAVICTOPRIA2018.
-Oscar De Jesús Saa Pereira, from the exchange house @TUCAMBIOIDEAL LLC.
-Bárbara Bitriago, from the exchange house @INVERSIONESORANGEVE.
-Ashley Chalo Navas, from @INVERSIONESORANGEVE.
-Leandro Antonio Orta Martínez, from the exchange houses @DOLAR.MONITOREO, @DOLARMONITOREO.2 and @DOLARMONITOREO2.
-Diana Patricia Rosas Inojosa, from the exchange houses @DOLAR.MONITOREO @DOLARMONITOREO.2 and @DOLARMONITOREO2.
-Luiner Lexender Acédelo Díaz, from the exchange houses @ENPARALELOVZLA_OFICIAL and @ENPARALELO_OFICIAL_.
-Carlos Andrés Pérez Abreu, from the exchange house @MONITORDOLAR.VZLA.
-Marcos Manuel Vidal Arraga, from the exchange house BILLETERAP2P.
-Ricardo Jesús Gámez Castellanos, from the exchange house @CAMBIOSRYA.
-Rosa Dariela Valle, from the exchange house BILLETERA2P.
-Yeilimar Andreina Guerrero Arias, from the exchange house BILLETERA2P.
-Solimariley Guerrero Arias, from the exchange house BILLETERA2P.
-Greymar Maracara, from the exchange house @CAMBIOSLAVICTOPRIA2018.
-Junior Javier Chacón Colmenarez, from the exchange house @CAMBIOSRYA.
-Ricardo Jesús Gámez Castellanos, from the exchange house @CAMBIOSRYA.
-Manuel Enríquez Carrasquel León, from the exchange house BILLETERA2P.
-Marcos Manuel Vidal Arraga, from the exchange house BILLETERA2P
A total of 25 people were identified and detained in nine states of the country for being related to the financial terrorism network, which was responsible for setting exchange rates in currencies with an amount parallel to that determined by the Central Bank of Venezuela (BCV).
In this regard, journalist Eligio Rojas published the names and surnames of each of those involved in this scheme:
-Ramon José Guerrero, from the exchange house @MONITORDOLLARVZLAR.
-Carlos Eduardo Díaz Vásquez, from the exchange house @ALCAMBIO.VZLA.
-Jean Carlos Díaz Vásquez, from the exchange house @ENPARALELOVZLAOFICIAL.
-Ancarlis Jhoseppina Gelluso de Tellechea, from the exchange houses @EMPARLELOVENEZ and @PARALELOVENEZ.
-Maryurit Maracara, from the exchange house @CAMBIOSLAVICTOPRIA2018.
-Oscar De Jesús Saa Pereira, from the exchange house @TUCAMBIOIDEAL LLC.
-Bárbara Bitriago, from the exchange house @INVERSIONESORANGEVE.
-Ashley Chalo Navas, from @INVERSIONESORANGEVE.
-Leandro Antonio Orta Martínez, from the exchange houses @DOLAR.MONITOREO, @DOLARMONITOREO.2 and @DOLARMONITOREO2.
-Diana Patricia Rosas Inojosa, from the exchange houses @DOLAR.MONITOREO @DOLARMONITOREO.2 and @DOLARMONITOREO2.
-Luiner Lexender Acédelo Díaz, from the exchange houses @ENPARALELOVZLA_OFICIAL and @ENPARALELO_OFICIAL_.
-Carlos Andrés Pérez Abreu, from the exchange house @MONITORDOLAR.VZLA.
-Marcos Manuel Vidal Arraga, from the exchange house BILLETERAP2P.
-Ricardo Jesús Gámez Castellanos, from the exchange house @CAMBIOSRYA.
-Rosa Dariela Valle, from the exchange house BILLETERA2P.
-Yeilimar Andreina Guerrero Arias, from the exchange house BILLETERA2P.
-Solimariley Guerrero Arias, from the exchange house BILLETERA2P.
-Greymar Maracara, from the exchange house @CAMBIOSLAVICTOPRIA2018.
-Junior Javier Chacón Colmenarez, from the exchange house @CAMBIOSRYA.
-Ricardo Jesús Gámez Castellanos, from the exchange house @CAMBIOSRYA.
-Manuel Enríquez Carrasquel León, from the exchange house BILLETERA2P.
-Marcos Manuel Vidal Arraga, from the exchange house BILLETERA2P
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El Dorado P2P Exchange ceases operations in Venezuela
The company allows the exchange of stablecoins for local currencies in the region, a necessity in high inflation economies.
1. Guillermo Goncalvez, CEO of El Dorado, denied that they wanted to "promote speculation on the dollar".
2. Venezuelan authorities have arrested people for "artificially inflating" the dollar.
Guillermo Goncalvez, co-founder and CEO of the P2P exchange El Dorado, announced the suspension of operations in Venezuela through a video released yesterday Saturday.
“El Dorado will stop operating in Venezuela immediately,” he stated, while expressing his regret for any negative impact caused by the platform.
Source: CriptoNoticias
The company allows the exchange of stablecoins for local currencies in the region, a necessity in high inflation economies.
1. Guillermo Goncalvez, CEO of El Dorado, denied that they wanted to "promote speculation on the dollar".
2. Venezuelan authorities have arrested people for "artificially inflating" the dollar.
Guillermo Goncalvez, co-founder and CEO of the P2P exchange El Dorado, announced the suspension of operations in Venezuela through a video released yesterday Saturday.
“El Dorado will stop operating in Venezuela immediately,” he stated, while expressing his regret for any negative impact caused by the platform.
Source: CriptoNoticias
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How to reduce the exchange rate gap?
Guillermo García N. financial advisor commented: "Without a doubt, this is the big question that all Venezuelans ask, including the BCV itself. In my opinion, reducing the exchange rate gap and stabilizing the exchange rate requires the establishment of additional measures beyond those being implemented by the BCV and the Ministry of Finance. In this regard, on this occasion, I present a proposal of measures and considerations for evaluation by the BCV and the National Executive."
1. Compensation in dollars:
Interbank compensation in dollars and electronic transfers between clients in different banks. Carry out investment operations of own and third-party portfolios in the national securities market of Venezuelan companies that issue securities in dollars.
2. Dollars in the Stock Exchanges a better alternative for
reference and trading:
The trading of dollars in the Stock Exchanges seeks to improve the supply of foreign currencies and provides an alternative to flexibilize the current exchange market and make the acquisition of dollars much more efficient and economically rational.
3. Venedólar scheme in the stock market:
The mechanism must be transparent: the methodology for allocation and price cuts and amounts assigned by the offered price. Establishing regulations that are clear and flexible enough to adapt to the circumstances that may arise in the trading of both cash dollars and the buying/selling of securities.
4. Modify the Securities Market Law:
Reform Article 2 of the Law, considering the possibility of incorporating the trading of National Public Debt and PDVSA securities.
5. Benefits of implementing the Venedólar scheme:
Provides a safety valve for the exchange market for obtaining foreign currencies.
6. Multicurrency market and emissions in foreign currencies:
Carry out stock market operations in various currencies (dollar, Colombian peso, euro, yuan, yen, and cryptocurrencies).
Guillermo García N. financial advisor commented: "Without a doubt, this is the big question that all Venezuelans ask, including the BCV itself. In my opinion, reducing the exchange rate gap and stabilizing the exchange rate requires the establishment of additional measures beyond those being implemented by the BCV and the Ministry of Finance. In this regard, on this occasion, I present a proposal of measures and considerations for evaluation by the BCV and the National Executive."
1. Compensation in dollars:
Interbank compensation in dollars and electronic transfers between clients in different banks. Carry out investment operations of own and third-party portfolios in the national securities market of Venezuelan companies that issue securities in dollars.
2. Dollars in the Stock Exchanges a better alternative for
reference and trading:
The trading of dollars in the Stock Exchanges seeks to improve the supply of foreign currencies and provides an alternative to flexibilize the current exchange market and make the acquisition of dollars much more efficient and economically rational.
3. Venedólar scheme in the stock market:
The mechanism must be transparent: the methodology for allocation and price cuts and amounts assigned by the offered price. Establishing regulations that are clear and flexible enough to adapt to the circumstances that may arise in the trading of both cash dollars and the buying/selling of securities.
4. Modify the Securities Market Law:
Reform Article 2 of the Law, considering the possibility of incorporating the trading of National Public Debt and PDVSA securities.
5. Benefits of implementing the Venedólar scheme:
Provides a safety valve for the exchange market for obtaining foreign currencies.
6. Multicurrency market and emissions in foreign currencies:
Carry out stock market operations in various currencies (dollar, Colombian peso, euro, yuan, yen, and cryptocurrencies).
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Indicator Date Bank: Buying-Selling as of 30/05/2025
Banesco 96.6851 97.1505
Banco Exterior 97.8300 97.2090
BBVA Provincial 96.9637 97.5311
Banco Nacional de Crédito BNC 96.9450 98.1184
Banco Mercantil 97.0841 97.7761
Other Institutions 96.9999 97.3643
BCV Exchange Rate June 3rd, Tuesday: 97.3126 Bs/USD (+0.4697%)
The BCV exchange rate as of June 3, 2025, published by the Central Bank of Venezuela (BCV), is set at 97.3126 Bs/USD, showing an increase of Bs. +0.4549 (+0.4697%) compared to the previous day. This rate arises from the weighted average of daily operations carried out by the exchange desks of participating banking institutions.
With the publication of the BCV exchange rate, the aim is to provide an official reference to the exchange market in Venezuela. It is important to monitor these updates daily to understand the evolution of the official exchange rate.
Evolution of the BCV exchange rate as of June 3, 2025
The accumulated annual variation of the exchange rate is +45.3781 bolívar (+87.3756%). Compared to May 31, 2024 (Reference date), the increase is +60.7754 bolívar (+166.3384%).
On the same day last year, the accumulated annual variation was +1.6885%.
Value date: Tuesday, June 3, 2025.
Banesco 96.6851 97.1505
Banco Exterior 97.8300 97.2090
BBVA Provincial 96.9637 97.5311
Banco Nacional de Crédito BNC 96.9450 98.1184
Banco Mercantil 97.0841 97.7761
Other Institutions 96.9999 97.3643
BCV Exchange Rate June 3rd, Tuesday: 97.3126 Bs/USD (+0.4697%)
The BCV exchange rate as of June 3, 2025, published by the Central Bank of Venezuela (BCV), is set at 97.3126 Bs/USD, showing an increase of Bs. +0.4549 (+0.4697%) compared to the previous day. This rate arises from the weighted average of daily operations carried out by the exchange desks of participating banking institutions.
With the publication of the BCV exchange rate, the aim is to provide an official reference to the exchange market in Venezuela. It is important to monitor these updates daily to understand the evolution of the official exchange rate.
Evolution of the BCV exchange rate as of June 3, 2025
The accumulated annual variation of the exchange rate is +45.3781 bolívar (+87.3756%). Compared to May 31, 2024 (Reference date), the increase is +60.7754 bolívar (+166.3384%).
On the same day last year, the accumulated annual variation was +1.6885%.
Value date: Tuesday, June 3, 2025.
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With name and surname: Photos of some of those detained in the parallel dollar case
A total of 25 people have been detained in the states of Barinas, La Guaira, Zulia, Miranda, Capital District, Yaracuy, Lara, Aragua, and Mérida, for being linked to the network of financial terrorism dedicated to establishing exchange rates based on foreign currencies at a value parallel to that established by the Central Bank of Venezuela (BCV).
According to the portal Extra News Mundo, these individuals would be involved in the commission of financial crimes, money laundering, and illegal financing, among other charges.
Among those detained are:
–Carlos Andrés Pérez Abreu, from the exchange house @MONITORDOLAR.VZLA.
-Luiner Lexender Acédelo Díaz, from the exchange house @ENPARALELOVZLA_OFICIAL and @ENPARALELO_OFICIAL_.
-Marcos Manuel Vidal Arraga, from the exchange house BILLETERAP2P.
-Ashely Chalo Navas, from the exchange house @INVERSIONESORANGEVE.
-Ricardo Jesús Gámez Castellanos, from the exchange house @CAMBIOSRYA.
A total of 25 people have been detained in the states of Barinas, La Guaira, Zulia, Miranda, Capital District, Yaracuy, Lara, Aragua, and Mérida, for being linked to the network of financial terrorism dedicated to establishing exchange rates based on foreign currencies at a value parallel to that established by the Central Bank of Venezuela (BCV).
According to the portal Extra News Mundo, these individuals would be involved in the commission of financial crimes, money laundering, and illegal financing, among other charges.
Among those detained are:
–Carlos Andrés Pérez Abreu, from the exchange house @MONITORDOLAR.VZLA.
-Luiner Lexender Acédelo Díaz, from the exchange house @ENPARALELOVZLA_OFICIAL and @ENPARALELO_OFICIAL_.
-Marcos Manuel Vidal Arraga, from the exchange house BILLETERAP2P.
-Ashely Chalo Navas, from the exchange house @INVERSIONESORANGEVE.
-Ricardo Jesús Gámez Castellanos, from the exchange house @CAMBIOSRYA.
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The applications for the parallel dollar are out of service, only the BCV sets the standard in Venezuela
The applications and platforms that offered the exchange rate for the "parallel dollar" have gone out of service this Friday, May 30, leaving the value published by the Central Bank of Venezuela (BCV) as the only reference for the US currency in the country.
The applications and platforms that offered the exchange rate for the "parallel dollar" have gone out of service this Friday, May 30, leaving the value published by the Central Bank of Venezuela (BCV) as the only reference for the US currency in the country.
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How did the parallel dollar manipulators in Venezuela operate who have been detained?
Following the dismantling of the network of financial terrorism dedicated to establishing exchange rates based on currencies at a value parallel to that set by the Central Bank of Venezuela (BCV), the modus operandi of this criminal group has been revealed.
The portal Extra News Mundo reiterated that these structures that marked the illegal dollar operated without authorization from the State or supervision from entities such as the BCV and the Superintendency of Banks.
According to the cited media, these structures offered currency exchange services, receipt of remittances, and payments in cryptocurrencies.
“They marked false indicators to control the illicit currency market, illegally capture remittances, and also sell advertising in the digital media of similar businesses,” it reported.
Extra News Mundo highlighted that these structures “claimed to be in Cúcuta, to capture the remittances that entered the country illegally and did not pay taxes to the State entities, committing the crime of money laundering, treason to the homeland, misleading offers, and undue capture.”
So far, 25 people have been detained.
Published on
31 / 05 / 2025
Following the dismantling of the network of financial terrorism dedicated to establishing exchange rates based on currencies at a value parallel to that set by the Central Bank of Venezuela (BCV), the modus operandi of this criminal group has been revealed.
The portal Extra News Mundo reiterated that these structures that marked the illegal dollar operated without authorization from the State or supervision from entities such as the BCV and the Superintendency of Banks.
According to the cited media, these structures offered currency exchange services, receipt of remittances, and payments in cryptocurrencies.
“They marked false indicators to control the illicit currency market, illegally capture remittances, and also sell advertising in the digital media of similar businesses,” it reported.
Extra News Mundo highlighted that these structures “claimed to be in Cúcuta, to capture the remittances that entered the country illegally and did not pay taxes to the State entities, committing the crime of money laundering, treason to the homeland, misleading offers, and undue capture.”
So far, 25 people have been detained.
Published on
31 / 05 / 2025
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Official rate: Here is the exchange rate of the dollar published by the BCV for this May 30th
The Central Bank of Venezuela (BCV) reported that the reference exchange rate per dollar is 96.85 bolívares for this Friday, May 30th.
This official rate is the weighted average resulting from the daily operations of the active exchange desks of participating banking institutions.
According to the information provided by the highest financial authority through its website and social media, the price of the European currency was 109.99 bolívares per euro.
Similarly, the BCV detailed that the informative rate of the banking system for buying and selling is available on the portal www.bcv.org.ve.
The Central Bank of Venezuela (BCV) reported that the reference exchange rate per dollar is 96.85 bolívares for this Friday, May 30th.
This official rate is the weighted average resulting from the daily operations of the active exchange desks of participating banking institutions.
According to the information provided by the highest financial authority through its website and social media, the price of the European currency was 109.99 bolívares per euro.
Similarly, the BCV detailed that the informative rate of the banking system for buying and selling is available on the portal www.bcv.org.ve.
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