Parallel dollar price in Venezuela today: USDT P2P drops as BCV intensifies currency injections

PanicSeller69 · 2026-02-12T03:14:50+00:00

The foreign exchange market in Venezuela is impacted by the decline in the parallel dollar price, as a result of the massive injection of dollars by the Central Bank. This strategy aims to unify exchange rates and reduce speculation, thereby narrowing the exchange rate gap.

PanicSeller69

2026-02-12 03:14:50

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The foreign exchange market in Venezuela is experiencing significant movements these days. The price of the parallel dollar, specifically USDT in P2P transactions, has recorded a substantial drop, from 630 to 505 Venezuelan bolívares according to recent reports. This change reflects a deliberate strategy by the Central Bank of Venezuela (BCV) to intervene in the foreign exchange market.

The BCV’s Strategy: Massive Injection of Dollars

The Central Bank of Venezuela has implemented a record injection of dollars into the Venezuelan banking system. This measure aims to achieve two main objectives: force the unification of exchange rates and reduce speculative pressures that artificially inflate prices in the parallel market. The BCV’s decision reflects a coordinated effort by monetary authorities to exert greater control over the price of the parallel dollar in Venezuela.

How it Impacts the P2P Market and the Exchange Rate Gap

The decline of USDT on P2P platforms is not accidental but a direct consequence of this intervention. As more dollar supply circulates within the banking system, pressure on the parallel market decreases. The price of the parallel dollar tends to approach the official rate, reducing the exchange rate gap that has characterized the Venezuelan economy. In this context, both the bolívar and physical currency gain ground against digital speculative transactions.

Parallel Dollar Outlook: Expected Adjustments in P2P

The adjustment of the parallel dollar price in Venezuela suggests that the P2P market will continue to experience volatility as long as this BCV strategy persists. Market participants face a scenario where speculative pressures encounter increasing resistance. The question that arises is whether this currency injection strategy will manage to maintain rate convergence or if new speculative pressures will fragment the currency market again. What is clear is that the game of forces between official monetary policy and the dynamics of the parallel market has changed significantly in recent days.

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