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Venezuelan Authorities Crack Down on Currency Fraud

Venezuelan authorities have intensified the battle against foreign currency fraud as part of strategies to defend the country’

Venezuelan authorities have intensified the battle against foreign currency fraud as part of strategies to defend the country’s foreign currency reserves against an “economic war” being waged against the government.

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Venezuela to Pump US$900 million into Economy Through Auctions

The Venezuelan government is to pump an extra US$900 million into the economy through an auction system in order to satisfy fore

The Venezuelan government is to pump an extra US$900 million into the economy through an auction system in order to satisfy foreign currency demand and reduce the value of the black market dollar.

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New President Appointed to Venezuela's Central Bank

Tovar is seen as aligned with the market-friendly policies of Merentes (archive)

Venezuela's central bank has appointed a new head at the request of President Nicolas Maduro, while the country's foreign exchange administration is also under new management.

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