Economy
The Venezuelan government is not thinking about refitting the exchange control effective since 2003, regardless of the pressure exerted by the parallel market and the effects of the world financial crisis, Minister of Finance Alí Rodríguez Araque said on Tuesday.

"No exchange control is expected (…) Nothing has been planned," Araque told state-run TV channel Venezolana de Televisión (VTV) during an interview.

According to Rodríguez, from now on strategic sectors, such as vehicles and foodstuffs, will not run short of foreign currency anymore, AFP reported.

However, over the past few months, many Venezuelans have resorted to the so-called swap dollar, a legal, unofficial exchange rate higher than the official one, resulting from the sale of Venezuelan debt bonds.

The swap dollar price has lately soared.

Rodríguez said that the government is pondering on new actions to shorten the gap between the official and the parallel dollar.