These conditions led to a depreciation of the bolivar against the dollar of more than 80% in 2025 and contributed to inflation of around 500%.
The president in charge after Maduro’s capture by US forces, Delcy Rodríguez, confirmed the new inflow of foreign currency. “They will reach the private banks for the exchange market mechanism. We have to have efficient management of currencies,” he said.
The consulting firm Ecoanalítico explains that the income resulting from the sale of Venezuelan oil by the United States will progressively mitigate the gap between the official and parallel dollars. Its director, Alejandro Grisanti, commented in X that this plan seeks to “unlock an exchange market that was practically ‘dry’ in the last 30 days.”
The first $300 million will be allocated to private banks in Venezuela from a Qatari fund administered by Washington, according to Ecoanalítico and a specialist consulted by AFP.
