Venezuela ask countries for their support to avoid forex scalping

A government official in Venezuela announced today that country has requested the support of Argentina , Ecuador and Peru to prevent Venezuelan tourists in these countries earn foreign currency cash and then resell them in the parallel market in the Caribbean country .

José Khan , president of the Government Service Commission (Cadivi ) told the media : There is no secret that in Argentina , Peru and Ecuador there are companies that are dedicated to this irregularity and has already spoken to the Venezuelan Foreign Ministry to Similar looking with some way to stop the matter said .

Since 2003 , the Venezuelan state and strictly controls prevents the free forex trading , managed exclusively by the government , mainly by Cadivi that conditionally sold in limited amounts and after cumbersome . Cadivi sells it to 6.30 bolivars per U.S. dollar , a rate that is six times the illegal parallel market or “black.”

The government target is that the foreign exchange sold Cadivi not return to the country to be sold on the illegal ” black market ” .

Khan revealed that 32 people were arrested today at the airport in Caracas, to manage Cadivi currency and then resell presumably intended in the ” black market ” .