Let’s throw the BCV a bone

Less than a week after announcing an open tender for bids on security paper meant for printing Bs.50 and Bs.100 bills, the Venezuelan Central Bank (BCV), revealed that they are conducting a study on the merits of issuing a BsF. 500 banknote. That this realization is past-due would be an understatement: the graphic designs and printing sheet for…

BCV: Who needs numbers when you have a well-dressed waitstaff?

Somewhere between not publishing official economic data and overseeing a banknote printing frenzy on steroids, Venezuela’s Central Bank (BCV) still finds time for the mundane. According to this tweet from Bloomberg News correspondent Nathan Crooks, our maximum monetary authority just announced an open tender for the procurement of (and I’m not making this up) tuxedos for waiters. As in,…