ESPACIO PUBLICITARIO
CARACAS, Thursday November 22, 2012 | Update
 
|
share
|
FOREIGN CURRENCY

Central Bank avows that demand of foreign currency overtakes supply

Since demand is higher than supply, there are queues at the Transaction System for Foreign Currency Denominated Securities (Sitme)

EL UNIVERSAL
Thursday November 22, 2012  05:37 PM
Nelson Merentes, the president of the Central Bank of Venezuela (BCV), fired back to the hints of sluggishness in allocation of foreign currency for travelers and students.

The senior officer vouched that the Foreign Exchange Administration Board (Cadivi) has kept on dealing with all applications. Thus far this year, for instance, USD 2 billion has been apportioned among travelers.

Nevertheless, he did allow a different situation concerning the Transaction System for Foreign Currency Denominated Securities (Sitme). In his own words, since the demand of foreign currency is higher than supply, queues are formed in the scheme.

With regard to a potential devaluation of the local currency, "some topics are not discussed publicly, but between the Executive Office and the Bank. It is not being discussed and cannot be discussed," the BCV president said, as quoted by private news TV channel Globovisión.
|
share
|
ADVERTISING SPACE
Dossier
Cases of torture brought before the UN

While she was detained, she was kept blindfolded, she was doused with water and then electric shocks were applied to her arms, breasts and genitals. She was threatened and told that she would be killed and buried in pieces." Gloria Tobón's is one on the list of documented cases reported by Amnesty International in its briefing document to the United Nations Committee Against Torture.

 Ranking
  •  Read 
 
fotter clasificados.eluniversal.com Estampas
Alianzas
fotter clasificados.eluniversal.com Estampas
cerrar