Central Banking

Venezuela's Maza blasts delay in selling dollars

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Central Bank of Venezuela director Domingo Maza said before a press conference that a lack of imports is hurting the country's economy with restrictions on the availability of dollars for overseas supplies.

Source: Bloomberg

Venezuela's economy is suffering from a lack of imports as the government's foreign exchange commission doesn't make dollars available for companies to pay for overseas suppliers.

``This is very bad, very negative, and very worrisome,'' Central Bank Director Domingo Maza said

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