Raúl Gallegos Quote

The government stopped making dollars freely available in 2003 and fixed the price of the exchange rate by law, hoping to stop the dollar frenzy. It didn't work. People bought and sold dollars illegally, and a black market price for dollars emerged in the streets, hotel rooms, homes, and cafés of Venezuela.


Crude Nation: How Oil Riches Ruined Venezuela (2016), Chapter 1, 1-800-LEO


The government stopped making dollars freely available in 2003 and fixed the price of the exchange rate by law, hoping to stop the dollar frenzy. It...

The government stopped making dollars freely available in 2003 and fixed the price of the exchange rate by law, hoping to stop the dollar frenzy. It...

The government stopped making dollars freely available in 2003 and fixed the price of the exchange rate by law, hoping to stop the dollar frenzy. It...

The government stopped making dollars freely available in 2003 and fixed the price of the exchange rate by law, hoping to stop the dollar frenzy. It...