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CARACAS, Sept. 1 (Xinhua) -- Venezuelan Finance Minister Nelson Merentes said Sunday that his country needs to rein1 in the difference between the official U.S. dollar exchange rate and the unofficial street value.
"The parallel dollar is disruptive," he said during an interview on Jose Vicente Today, a TV show hosted by former Vice2 President Jose Vicente Rangel.
"We have to reform various laws," said Merentes, adding that the National Assembly, the country's legislature, is now working on the changes the government has proposed about the Illicit3 Exchanges Law and the Capital Market Law.
A bill crafted to make it easier for companies to import foreign currencies will be submitted to the assembly's finance committee in the next few weeks, the El Universal daily on Sunday quoted lawmaker Elvis Amoroso as saying.
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1 rein | |
n.疆绳,统治,支配;vt.以僵绳控制,统治 | |
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2 vice | |
n.坏事;恶习;[pl.]台钳,老虎钳;adj.副的 | |
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3 illicit | |
adj.非法的,禁止的,不正当的 | |
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4 mechanism | |
n.机械装置;机构,结构 | |
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5 auctions | |
n.拍卖,拍卖方式( auction的名词复数 ) | |
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6 fixed | |
adj.固定的,不变的,准备好的;(计算机)固定的 | |
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