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RE: Venezuelan Banking System Dollarization Process
Sincerely friend, everything that comes from this Venezuelan government that you and I know is full of many criminals, because I simply cannot trust.
the country itself cannot support the operations in dollars and the domestic market is full of dollars whose origin is not the most reliable.
The largest percentage of American money circulating in Venezuela comes from remittances.
For this dollarization project to be carried out legally, it must have the approval of the US government.
Yesterday the spokesmen of the current United States Government said that they would not approve this process. We hope to see what happens in 2021 with the new government.