• 10 hours ago
Delcy Rodríguez explained the lack of foreign exchange due to the criminal U.S. blockade, which affects even private banks, so the government must take special care on how to invest with surgical precision to reduce the gap.

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00:00There is a figure of 2018, the variation was of 8,700, and it related to the last year,
00:181991.
00:19So, these are good numbers, good figures, there is a variation, but we have to say it.
00:25There is a big demand of foreign currencies, because growth requires more foreign currencies,
00:33and so we see it comparing imports of foreign currencies, and so the blockade continues
00:43to restrict the access to foreign currencies, even the channels of the private bank are
00:50not enough.
00:52So, then, it is a predicament stemming from the economic world in the situation of the
01:00criminal blockade against the country, and so we have to mull over the use of foreign
01:07currencies, and so I provide you an example, there is a shortage of foreign currencies
01:14that when we come to the party, well, yes, because the use of foreign currencies for
01:28a kind of exports is being dealt in advance at a fast way, and so the biggest quantity
01:40of these foreign currencies are provided by these companies, and the state provides 41%
01:52of the foreign currencies, and so we must be concerned of how we use these foreign currencies
01:59in the imports, and so the Ministry of Economy has been reviewing that, we all have to take
02:09care of currencies, because there cannot be cheap currencies, and so this is happening,
02:19so the economic dialogue has to be held, and so we must think over and over and over, and
02:27so this has been the variation regarding the official rate change, and so we are working
02:38with circumstantial measures, with temporary actions, so we have to, this is like a surgical
02:50operation to reduce the gap.

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