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Venezuela Boosts Dollar Sales By 90 Percent, Barroso SaysBy Guillermo Parra-BernalBloomberg Jan. 25, 2007 |
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 Jan. 24 (Bloomberg) -- Venezuela has boosted daily dollar sales by as much as 90 percent this year to keep up with a surge in demand for imports from local manufacturers, said Manuel Barroso, whose office controls foreign exchange sales in the country. Venezuela increased approvals for dollar sales to as high as $210 million a day, up from a daily average of $164 million in December and from a daily average of $110 million last year, Barroso said, according to the state-run newswire. Venezuela, whose government has controlled the sale of dollars since February 2003, authorized more than $27 billion in sales of dollars last year, Barroso said. 
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