Caracas, Oct 17 (EFE).- The executive vice president of Venezuela, Delcy Rodríguez, said this Thursday that the Government is applying “temporary measures” to seek a balance in the currency market, in view of the gap that has opened in in recent weeks between the official price of the currency and the parallel price, which is increasingly expensive.
«We are already working with temporary measures, with temporary actions, which will not last a lifetime, they are very concrete actions. “We have to carry out a surgical operation that is being done to reduce the gap,” Rodríguez said in a business meeting, broadcast on the state channel VTV.
He explained that, between January and September, the official price of the dollar – with which most prices of goods and services in the country are calculated – rose by 2.68%, while in the parallel market an increase of 11 was accumulated. .88%.
Furthermore, so far in October, the official price presented by the Central Bank (BCV) has lagged further behind the unofficial rates, which closed this Thursday at an average of 47 bolivars per currency, compared to 39. 13 indicating the issuing entity.
“The use of cheap currencies for a type of imports is happening in a huge way, at a very accelerated pace,” argued the vice president, who believes that there is a connection between the country’s economic growth and the rise in the price of the dollar, due to the difficulties in accessing this currency due to the economic sanctions imposed by the United States.
He pointed out that the State contributes 33% of the foreign exchange flow to the market and the private sector provides the majority, which is why it is important to take care of this system and the use given to these currencies to maintain a balance.
Last August, the Superintendency for the Defense of Socioeconomic Rights (Sundde) activated the BCV’s ‘National Rate Compliance Verification Plan’, for which it maintains its “supervisory force”, as reported on its Instagram account, where citizens denounce the use of quotes that exceed the official one.
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