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According to the government, this was done as a surprise measure to stop the mafias taking the bills to Colombia as part of the "Economic Warfare" (that conveni
by rafaelm 10y ago
According to the government, this was done as a surprise measure to stop the mafias taking the bills to Colombia as part of the "Economic Warfare" (that convenient excuse for our failed economy) that is being waged against Venezuela.
Lots of people are talking about a Corralito here. The people exchanging their bank notes in the Central Bank in Caracas are only receiving a voucher saying that they deposited their money there!
Those that cannot make the trip to Caracas or don't have access to a bank or bank account are basically screwed.
There is a theory that since the dollar black market rate was increasing every day, the government did this as a way to collect all that money in the streets as a way to stop it.
The government insists on blaming all our problems on external factors, it's never their fault. But no one ever thinks if it would actually be possible for an "evil actor" to influence the economy of an entire country via twitter or mafias, like they constantly say.