Bolívar firms as oil inches higher; deposits build; inflation cools again
Oil output and receipts edged up as Orinoco reactivations expand. The bolívar strengthened at both official and parallel rates while bank deposits rose, and month-on-month inflation cooled for a third straight month. Air travel and industrial power demand improved, pointing to steadier activity.
By the numbers
Oil Production
916.01 kbd
1.20% m/m
Oil Export Revenue
USD 1,594.49 m
1.50% m/m
Official FX Rate
58.40 VES/USD
-1.13% m/m
Parallel FX Rate
72.10 VES/USD
-3.84% m/m
Bank System Deposits
USD 11.81 bn
1.99% m/m
Consumer Prices (MoM rate)
4.29%
-4.03% vs prior
Companies & capital
Kaso
Launched SME treasury dashboard
Cashea
Raised Series A extension (USD 18m)
What to watch
Mid-Aug 2026
Secondary-sources oil output update; track impact of Orinoco reactivations
Aug 2026
BCV FX interventions and the official–parallel spread post band adjustment
Late Aug 2026
August CPI flash to gauge whether cooling trend persists
Late Aug 2026
Maiquetía passenger traffic run-rate after multi-year high
Worth your time
- Oil output edges toward 1 million barrels
Reuters
- Banks report healthier deposit base
Analítica
- Inflation momentum cools for third month
Observatorio Venezolano
- Fintech credit lines expand for merchants
Bloomberg Línea
- Maiquetía passenger traffic hits multi-year high
El Nacional
- Non-oil exporters find Caribbean demand
Effecto Cocuyo