Take physic, pomp

Venezuelan financials

For those of your versed in the language of Cervantes, this report from America Economia comes highly recommended. It covers the financial system in Venezuela, the exchange rate system from a micro and macro viewpoint, the role of the parallel dollar market, the Central Bank, PDVSA and all related matters.

It’s good, solid, balanced reporting that has something for everyone, from the 101 level to the expert insider. Refreshing to see an article based on facts when it comes to the subject of Venezuela’s economy instead of the usual soapbox idiocy. Good job AE.

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