The President ordered the BCV to use new mechanisms to protect the exchange system.

The President of the Republic, Nicolás Maduro, ordered this Friday the rector of the economy and executive vice president, Delcy Rodríguez and the authorities of the Central Bank of Venezuela (BCV) establish new technological mechanisms for the development and interaction of the Venezuelan foreign exchange market that allow for the defense of the market dollar.

“I have tasked the economic rector, Vice President Delcy Rodríguez, along with the board of directors of the Central Bank of Venezuela, with establishing new technological mechanisms for the development and interaction of the Venezuelan foreign exchange market that will allow for the defense of the market dollar that has access to it,” he said.

During the meeting of National Council of Productive Economy, which took place at the Miraflores Palace in Caracas, the president stated that “Venezuela has the resources to overcome this turmoil and move forward. Because then they start, especially a news agency (Reuters), I don’t know who writes for them, because AP voted for them, they can’t even write anymore, (Donald) Trump voted for them. That was dedicated to the war against Venezuela, they dissolved it. Now it’s Reuters, because the Voice of America too, look, they’ve been cut down.”

Maduro asserted that they have an obsession with damaging the economic climate. “Oh, because they don’t live here. Those of us who live here and the Venezuelans abroad, who desperately want to come here, deserve to have a peaceful and tranquil country.”

The president stated that, “in the face of every lie, a resounding truth is needed to continue advancing each of these plans and to ensure that the Ministry of Economy maintains equilibrium and balance in the country’s public accounts.”

He added that the revenue must cover expenses and issue organic currency. “We must continue on the path of building a balanced, healthy, productive economy, our own.”

He said that if Venezuela does well, everyone does well, “and if you, businesspeople, do well, Venezuela does well in a win-win situation, and thus overcome the announcements of economic war against the country.”