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Archive for: SIMADI

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03.27.15: Starting at Zero

SIMADI, the third tier of the Venezuelan currency exchange system, processed 17,000 transactions during its first month of operation, totalling $2.6 Continue reading →

03.05.15: Dangerous Situations

Maduro spoke on fears raised by Uruguayan President Jose Mujica and published by the Spanish newspaper EFE that Maduro would try to fabricate Continue reading →

02.26.15: Guasdualito

Venezuelan democracy was dealt another blow today, as the mayor of the city of Guasdualito in Apure was unceremoniously removed from her Continue reading →

02.12.15: A Year Later

One year after protests erupted across the country’s major cities, Venezuelans once again took to the streets in massive numbers Continue reading →

02.11.15: A Peaceful Zone

Tomorrow marks the one year anniversary of the deadly protests that took place on February 12, 2014. The massive demonstrations Continue reading →

02.10.15: SIMADI

For up-to-date exchange rate numbers (including the SIMADI) rate, visit this website.  Minister of Finance Rodolfo Marco Torres announced the much-anticipated Continue reading →

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