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Why does a country like Venezuela impose capital control?

Anonymous

∙ 14y ago

Updated: 11/11/2022

Countries like Venezula impose capital control for some reasons:

- To combat the downward pressures on the bolivar.

- Control the distribution of foreign exchange.

- Implemented strict price controls to stem inflaction triggered by the weaker bolivar

by SN

Wiki User

∙ 14y ago

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