Tuesday, December 17, 2013

Venezuela revamps currency controls - Gulf Times








Gulf Times



Venezuela revamps currency controls

Gulf Times

Currency exchange from tourism in-flows, oil investments, and the central bank's gold purchases will be done via the Sicad auction system, said Oil Minister Rafael Ramirez, giving those sectors a rate more favourable than the official one. “We are ...

Venezuela's stealth devaluation

UPDATE 1-Venezuela revamping currency controls to stop capital flight

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=AFQjCNFT0l3xmc4faW0RdSU-lC2J1JBygA&url=http://www.gulf-times.com/us-latin%2520america/182/details/374951/venezuela-revamps-currency-controls

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