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 special service is the Venezuelan government offering at its border agencies?

• Discounted goods

• Colombian pesos at a special rate

• Free travel passes

• Free internet access

What is a requirement for Venezuelans to exchange currency at the border agencies?

• A letter of employment

• Proof of residence

• A tax declaration

• A valid passport

What is the maximum amount Venezuelans can exchange in cash at the border agencies?

• $100

• $200

• $300

• $400

Why are Venezuelans compelled to purchase basic goods in Colombia?

• Better quality products

• Cultural preferences

• Lower prices

• Scarcity and high inflation in Venezuela

How does the Venezuelan government plan to compete with border operators?

• By offering free transportation

• By reducing taxes

• By providing better security

• By offering a more favorable exchange rate