New currency exchange system in Venezuela raises expectations

teleSUR English
teleSUR English
  • 9 years ago
In Venezuela, the new currency exchange system known as Simadi is raising expectations among economic sectors. The National Securities Association of Venezuela predicts that the illegal market will be superfuous after the activation of the Marginal System of Currencies, which promotes legal transactions in an easy and transparent way. The Finance Commission predicts that the prices of currencies will fall after a process of stabilization. teleSUR
6:56
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