UPDATE 1-Venezuela revamping currency controls to stop capital flight - Reuters

Latin American Herald Tribune

UPDATE 1-Venezuela revamping currency controls to stop capital flight Reuters Currency exchange linked to tourism, oil investments, and the central bank's gold purchases will be carried out via the auction system known as Sicad, said Oil Minister Rafael Ramirez, giving those sectors a rate more favorable than the official one ... UPDATE 2-Venezuela revamps currency controls to combat black market Measures to be Applied on Currencies Entering Venezuela Sicad to become a permanent mechanism for US dollar sales

via tourism in Venezuela - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGdG5YDFV-0qw9EjqOXGI8ugeiIEw&url=http://www.reuters.com/article/2013/12/16/venezuela-economy-idUSL2N0JV18B20131216