US EditionVenezuela's Authorities Hit Black Market Dollar Mafias
13 Articles
13 Articles
On Friday, May 20, a "black Friday" happened for the informal commercial operations governed by the parallel dollar in Venezuela. Usually, the phrase applies to allude to the devaluation of the bolívar against the dollar, but on this occasion the reference points to the "tagón" of various parallel markers of the US currency, as a result of the police actions carried out by the Venezuelan government in recent days. The events have happened in cas…
Diosdado Cabello, Minister of the Interior, Justice and Peace reported that there are already 25 people arrested for their alleged link to the spread of the parallel dollar price, in violation of the official rate established by the Central Bank of Venezuela (BCV). READ ALSO: Latin American currencies fall in the midst of Trump sanctions and tariff war Last Wednesday, May 28, Minister Diosdado Cabello indicated that to that date 20 catches had b…
Venezuela's Authorities Hit Black Market Dollar Mafias
Venezuelan law enforcement agencies have arrested 25 people for their alleged involvement in the black market dollar mafias operating in the country in violation of the official exchange rate of the Central Bank of Venezuela (BCV). On Wednesday, May 28, Venezuelan Interior Minister Diosdado Cabello reported that 20 people had been arrested as of that day. He explained that these arrests are part of the investigation being conducted by state secu…
04-06-25.-After the arrest of Carlos Andrés Pérez Abreu, administrator of the Monitor Dollar Vzla account that published the value of the dollar in the black market of Venezuela, “a blackout” was recorded in several parallel markers of foreign exchange, which has caused a kind of collective uncertainty according to...
The opposition party Primero Justicia (PJ) considered this Tuesday that the arrests of citizens in Venezuela accused of spreading the price of the dollar ‘parallel’, a rate that is above the official currency rate established by the Central Bank (BCV), will not solve the ‘problem’ of the exchange rate differential, which has again affected the country since the end of 2024 after months of stability. “The capture, by the regime, of at least 25 pe…
#Venezuela closed May with a new wave of politically motivated arrests, aimed at intimidating those reporting on the "parallel #dollar," the term Venezuelans often use to refer to the black market for foreign currency. Read Salvador Bracho's report.
Coverage Details
Bias Distribution
- 100% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
