Venezuela implements new Marginal Currencies System

The Venezuelan government announced yesterday the creation of a forex market that will be free and whose rate depends on supply and demand, a modification of the changes control system with twelve years in force. The announced new Venezuelan exchange system will maintain three...

Maduro will create greater State for Venezuela’s economic recovery

The president of Venezuela, Nicolas Maduro, announced that in “the coming days” will install “greater State for the recovery of the economy” as part of the measures to be taken by the Executive to stabilize the economy in Venezuela for 2015. “Before...