The dollar price in Venezuela, according to DolarToday, operates higher this Saturday, amid greater aversion to risky assets that boosted the dollar in global markets and renewed fears of a global recession due to the sustained rises in interest rates to make in the face of runaway inflation.
The dollar stood at 8.22 digital bolivars today in the informal market in Venezuela, according to data from the DolarToday portal.
The president of Venezuela, Nicolás Maduro, called on Wednesday foreign investors to cultivate the land in the country, an activity that “is growing” and that will turn the South American nation, he predicted, into a food exporter.
“Production is growing (…) and we are visualizing the horizon: Venezuela, producer and exporter of food, that is why we are inviting investors”, said the president during a visit to a farm operated by a Brazilian businessman in Monagas state (east).
Maduro expressly invited “all” investors from Argentina, Brazil, Uruguay and Colombia, the latter, he said, “needs good quality food produced in Venezuela.”
“Let them come to work the land in Venezuela, let them come to make good agreements, and let us come to produce food for export (…) this is the land to produce food, Venezuela is going to be in the world center of food production ”, stressed.
He also pointed out that this year the country is “breaking records” of hectares in which white corn, yellow corn, rice, beans and soybeans are produced -a vegetable that they plan to exploit in 2,500 square kilometers of land- distributed in the Monagas states , Anzoategui and Guarico.
It is the currency that governs the country after the third monetary reconversion that was applied by the Government. The new reconversion implied that for every million sovereign bolívares a digital bolívar would be obtained or, what is the same, six zeros of the amounts previously drawn would be erased.