World Bank wants Venezuela to lift for ex controls

The World Bank has said Venezuela's currency controls are transitory and can only work temporarily.

Source: Reuters

The World Bank is calling on the Venezuelan government to bring an end to its foreign currency controls as quickly as possible.

The measures were imposed around six weeks ago to protect international reserves which were dropping by around $70 million per day as the Central Bank of Venezuela (BCV) fought to support a plummeting bolivar that was suffering as a result of the oppositio

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