the dollar price in Venezuela remained above the barrier of 4 million sovereign bolivars on Tuesday, after it became known that economic activity in the country fell 2.2% in the second quarter, according to a non-governmental organization (NGO) .
The exchange rate was trading at 4,020,104.84 bolivars per dollar in the parallel or informal market, according to platform data DollarToday.
MIRA | Exchange rate: find out here the price of the dollar today Tuesday, September 21, 2021
Economic activity in Venezuela fell 2.2% in the second quarter of 2021, a drop significantly less than the first three months of the year, when the decline was 33.7%, the Venezuelan Observatory of Finance (OVF), an independent entity that brings together several analysts.
In a publication made by the organization, he noted that “economic activity during the second quarter of 2021 recorded a contraction of 2.2%,” 31.5% lower than in the previous quarter.
SEE ALSO | Find out about fuel prices: Today Tuesday, September 21, 2021
The OVF explained that the June, July and August review leads Venezuela to account for 25 consecutive quarters of decline in the economic activity index.
This indicator is made up of the oil, financial and government sectors, where the organization is declining due to “insufficient revenue and inflation”.
YOU MAY BE INTERESTED