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Venezuela announces changes to foreign currency system
http://www.bbc.co.uk/news/world-latin-america-25852760Oil Minister Rafael Ramirez says Venezuelans travelling abroad will no longer be allowed to obtain foreign exchange at the official rate of 6.3 bolivars per US dollar.
They will have to pay a higher rate, determined by weekly currency auctions.
The official rate will be used only for essential goods, such as medicine, industrial supplies and food.
~ snip ~
On the black market, dollars can be bought and sold at 10 times the official 6.3 exchange rate.