Venezuela: BCV dollar rate exceeds 857 bolívares as stock index rises

In Venezuela, the official exchange rate set by the Central Bank of Venezuela (BCV) reached 857 bolívares per US dollar as of September 28. The euro remains the highest-valued currency at 976.90 bolívares. Following a shift from an anchoring policy to a controlled adjustment strategy, the BCV dollar saw a 40.66% increase between October and the end of 2024, after rising only 2.67% in the first nine months of that year.

Meanwhile, the Caracas Stock Exchange reported significant activity. Between September 21 and 25, 2026, the exchange saw a total transaction volume of 64.41 billion bolívares, a 144.16% increase from the previous week. The main index (IBC) rose 3.45% during that period, contributing to a year-to-date cumulative increase of 252.53%. The most traded securities included Cerámica Carabobo, Banco Provincial, and Banco Nacional de Crédito.