ESPACIO PUBLICITARIO
CARACAS, Thursday January 31, 2013 | Update
 
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FOREIGN EXCHANGE

Venezuelan gov't speeds up forex for the production sector

The Official Gazette 40,101, released on Thursday, contains a related resolution from the Ministry of Planning and Finance

EL UNIVERSAL
Thursday January 31, 2013  12:14 PM
Venezuelan government authorities took action to energize the steps to apportion foreign currency among the companies of the domestic production sector.

The Official Gazette 40,101, released on Thursday, contains a related resolution from the Ministry of Planning and Finance.

The resolution lists tariff codes connected with the measure.

According to the official journal, capital goods, input and raw materials imported by companies from the Venezuelan production and processing sectors up to USD 50,000 will be benefited with the measure.
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The Central Bank of Venezuela lost USD 3.5 billion

More than USD 3.5 million of Central Bank of Venezuela (BCV) money were lost in their way to the Dominican Republic. Some Venezuelans are among the 5,000 victims of the bank's collapse. And not even the entity responsible for overseeing Venezuela's monetary policy was spared.

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