Although Venezuela is undergoing a de facto dollarization process in some sectors of its economy, in the border area with Colombia, the situation presents some nuances given the significant participation of the Colombian peso (COP), which is the second most traded currency . in daily operations in that country after the US dollar (USD).
According to a report by Venezuelan consulting firm Ecoanalítica, the dollar accounts for 45% of transactions in that country, the Venezuelan bolivar (VES) contributes 42%, and the Colombian peso 8.5%, even more than the euro (EUR). ), which has a . . .
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