Exchange control and its effects during 15 years in Venezuela
The restriction to the free convertibility of the currency began to be in force in Venezuela in 2003. The regulation extended for 15 years in the country and prohibited the sale of...
Repeal of foreign exchange offenses to encourage investments in foreign currencies
In 2003, the Law Against Foreign Exchange Illicit Activities was enacted, with the intention of regulating through state mechanisms the sale and purchase of foreign currency. This action was aimed at...