VOICED : Nuevas casas de cambio fronterizas frustran a venezolanos

The Venezuelan government has opened eight currency exchange agencies at its borders, offering Colombian pesos at a special rate. Venezuelans can exchange up to $200 in cash or $300 via electronic transfer, but must present a tax declaration, limiting access to those with formal jobs. Due to scarcity and high inflation, many Venezuelans buy basic goods in Colombia. The government aims to compete with border operators by offering a better exchange rate than in Cúcuta. For more details, visit www.alimmenta.com.

What new insight or understanding did you gain from this video?