A better confidence and increased Venezuela's sovereign bonds, after the elections were held on December 6 in the neighboring country, changed the price of the bolivar in Cucuta.
By Cenay Sanchez / La Opinion
In late November, the neighboring country currency was quoted at a minimum amount of $ 3.8; however, dese Monday the bolivar went public between $ 4.5 and $ 5.1.
This creates a positive expectation for change operators Norte de Santander, affected by the border closure since last August 19.
The president of the Association of Professional Exchange Norte de Santander (Asocambios), Juan Fernando Gonzalez, said that after the regional elections in Venezuela, where the opposition emerged victorious, there has been a greater demand bolivar.
"There is a perceived change in the neighboring country and this creates a climate of trust that is manifested in the exchange market," he said.
Gonzalez said there is some speculation, and qualify this behavior as normal. "It is anticipated that there will be changes in the neighboring country and people begin to buy bolivars and save them to sell when the currency then recovered a bit more."
Despite this scenario, operations in 311 exchange is in the city have fallen by 90%.
In addition, the program coordinator of Foreign Trade at the University of Santander (Udes), Diego Zarate said that although the border is closed and trade is in its simplest form, the results of the elections of Venezuela positively impacted government bonds of that country, caused a slight revaluation of the Venezuelan currency.
Zarate said that elected representatives have stated that Tachira promote the new National Assembly before the opening of the border, a situation that creates a positive climate in the foreign exchange market in the city.
It is expected that the coming year international Tienditas bridge opens, which would bring positive benefits for both nations, would streamline this way related to the cargo and bring benefits to the exchange market and the economy of the region and impacted after the closure of the border.