Venezuela's exchange control system may be relaxed

Restrictions on Venezuela's foreign exchange market may be lifted by the country's foreign exchange regulatory body, CADIVI, in the near future. The president of CADIVI said studies of proposals for relaxation were almost complete.

Source: VHeadline

Since January 21, the date on which restrictions were placed on Venezuela's foreign exchange market, it has been impossible to perform overseas credit card transactions. But CADIVI President Edgar Hernandez Behrens announced that the lifting of that