Newsletter August 2021
Newsletter August 2021
RULES THAT GOVERN THE NEW CURRENCY ADJUSTMENT – August 16 2021
RULES THAT GOVERN THE NEW CURRENCY ADJUSTMENT Through Official Gazette No. 42.191 of 08/16/2021, the Venezuelan Central Bank issued the Rules that Govern the New Currency Adjustment (Resolution No. 21-08-01), in order to regulate the aspects related to the new monetary scale of the bolivar established in Decree No. 4.553 of the National Executive.…
NEW CURRENCY ADJUSTMENT – August 6 2021
NEW CURRENCY ADJUSTMENT Through Decree No. 4.553 of 08/06/2021, published in Official Gazette No. 42.185 of the same date, the National Executive decreed a new currency adjustment of the bolivar. The most relevant aspects of said currency adjustment are summarized below: 1) The unit of the Venezuelan monetary system, that is, the bolivar as…