Venezuela forex system sells dollars at eight times official price
CARACAS (Reuters) – Venezuela launched a new free-floating foreign exchange system on Monday that offered dollars for eight times the official price in a move the government says will tame the black market but which critics see as a massive devaluation.
Venezuela forex system offers dollars near black market rate
Venezuela Lets Bolivar Weaken in a Bid to Ease Shortages
Venezuela's new forex system sold dollars at 51.8 bolivars