Dollar for remittances was Bs. 2.9 million in money exchange

The rate for remittances, which had remained unchanged since July 3, rose 400,000 bolivars this July 25

According to the information released by the Grupo Zoom and Italcambio exchange houses, the exchange rate for remittances rose this July 25, 400,000 bolivars to Bs. 2.9 million, an increase of 16% compared to the current value. until now (Bs 2.5 million)

The rate began to apply from July 25 for all remittance operations, according to the information provided by foreign exchange operators. The amount remained unchanged since last July 3.

From # 25Jul Casa de Cambio ZOOM has a rate of Bs. 2,900,000.00. Receive your money quickly, safely and reliably. Visit us at https://t.co/azmxDlFMrB pic.twitter.com/5TEdsrhzk0

• ZOOM Remittances (@ZOOMRemesas) July 25, 2018

However, the price is still well below the price of the dollar in the parallel market, which for the date was above 3.5 million bolivars, which in theory would mean about 600,000 bolivars above the amount authorized for the remittances.

Italcambio informs the rate of the day pic.twitter.com/Ft3xvpsMMb

• Italcambio (@italcambio) July 25, 2018

It is appropriate to remember that the official exchange rate for companies was placed at auction 23 in Bs. 120,000, after having raised Bs. 23,800 per dollars compared to the previous bid.