Venezuela's central bank absorbs bolívares to contain the P2P-vs-official rate gap

Venezuela's central bank (BCV) is absorbing bolívar liquidity to contain the gap between the parallel P2P rate and the official rate, which stood at 847.44 Bs per USDT on 17 September versus a P2P spread of about 6.50 Bs (+12.6% gap).

Detected & updated continuously · Source: Nebula