The issue of Petro does not handle it very well but among the measures that the president took, he says that "Each petro has been set its value in dollars in an amount of 60 dollars or more, which is the price of a barrel of oil and each petro it will be quoted at 3,600 bolivars. " The value of the dollar on the black market was quoted on Friday at 5.9 million bolivars. This means that the value of the petro is equivalent to 360 million bolivars under the current denomination, which will cease to be valid from August 20. The president said that there will be a single fluctuating exchange rate, anchored to the petro, but indicated that the details they will be given by the economic authorities in the coming days.
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I see . . . thanks for your response.
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