Home Topics Central Bank of Venezuela

Central Bank of Venezuela

Handout picture released by the Venezuelan Presidency showing President Nicolas Maduro presenting fresh currency in the framework of new economic measures, during the broadcasting of a television programme at the Miraflores presidential palace in Caracas on August 17, 2018. Venezuela will start issuing new banknotes on Monday after slashing five zeros off the crippled bolivar -- but analysts warn the measure will do nothing to arrest a worsening economic crisis. President Nicolas Maduro has described the move as a "great change" as the government attempts to halt spiraling hyperinflation that the International Monetary Fund predicts will hit a staggering one million percent this year./ AFP PHOTO / Venezuelan Presidency / HO /

Venezuela devalues currency by 96 percent

Venezuela has devalued its currency — the bolivar — by 96 percent under a new exchange rate announced by the central bank on Tuesday.

Recent Stories

Barcelona star Lionel Messi is at a separate table compared to the rest of the world and FIFA's Best award is a lie, according to team-mate Jordi Alba.

Barcelona skipper Lionel Messi insists LaLiga is not over despite downing Sevilla with 50th...

Lionel Messi warned Barcelona that LaLiga's title race is not yet over after his 50th career hat-trick inspired a 4-2 win at Sevilla.
Mr. Akinwunmi Ambode, the Lagos State governor, has exercised his voting right in his home town, Epe, Lagos State in Saturday’s Presidential and National Assembly elections.

Prisons Comptroller speaks on alleged ballot box snatching in Lagos

The Comptroller of Prisons, Lagos State Command, Tunde Ladipo, says there are no cases of ballot box snatching by political thugs in all the places his team visited during the Presidential and National Assembly elections in the state.
Staff of the Independent National Electoral Commission (INEC) confirm ballot papers for house of representatives during the electoral preparation at a local office of INEC in Port Harcourt, southern Nigeria, on February 22, 2019, a day before postponed voting day.Yasuyoshi CHIBA / AFP

Elections: We’re satisfied with process so far – INEC

The Independent National Electoral Commission (INEC) said it is satisfied with the ongoing conduct of the elections so far from the reports it has received from the 36 states and FCT.

Election: Senator Shehu Sani loses polling unit with wide margin

Shehu Sani is seeking re-election to the Senate under the Peoples Redemption Party (PRP) while Uba Sani is vying on the platform of the All Progressives Congress (APC).

Malfunctioning smart card readers mars voting in llorin

Hundreds of eligible voters’ in several parts of Ilorin metropolis were unable to cast their votes at the commencement of voting on Saturday following malfunctioning of smart card readers.