Venezuela has devalued another 35% of its currency (the official dollar is equal to blue)

Following a new trading mechanism launched on Monday, the price was set at 3,200 bolivars per dollar compared to 3.188.62 on the website dolartoday.com, the main reference of the parallel market.

The plan includes a technological platform operated by the private company Interbanex with the authorization of the Central Bank of Venezuela (BCV), intermediary private entities and operators such as banks.

"The exchange rate (…) will be the one that defines the supply and the demand", He stressed Interbanex, in a country subjected to a strict exchange control since 2003, which confers on the State a monopoly on the currencies.

The experts urge Maduro to eliminate this intervention policy to cope with the severe economic crisis. shortage of staple foods and medicines and inflation that the IMF expects to reach 10,000,000 by 2019.

The measure comes amid a worsening of the political crisis, after last Wednesday at the head of Parliament with a majority of opposition, Juan Guaidó, will be autojuramentara as acting president.

Maduro described this maneuver as a "coup d'etat" led by the United States, which recognized Guaidó as a responsible agent, as well as several Latin American countries (including Argentina), while protests and riots that began last week killed 35 people.

Asdrúbal Oliveros, director of the consulting firm Ecobadítica, said that recognition of the value of the dollar "comes too late" and questions the viability of the new regime because of political tensions.

"The problem is not the platform, which is perhaps the best in the world (…), the country is in a dynamic where it is not viable, and it will get worse" , Oliveros warned.

In addition to giving its blessing to a parallel government, Washington has threatened to toughen up the sanctions against the Maduro government.

The official rate last Friday was 2,084.39 bolivars per dollar, resulting from an auction system coordinated by BCV. It has not been clarified whether the new platform will replace these offers or whether the two modalities will coexist.

Given the limited supply of foreign exchange through official channels, a parallel dollar market has emerged where contributions were multiplied by 30 at government rates.

Senior and senior officials have described it as "criminal", baduring that the value of foreign currencies had been inflated artificially to sink the Venezuelan economy.

The owner of one of the portals that cited the "black dollar" was arrested last April – accused of "financial terrorism" by the prosecutor's office – and thousands of bank accounts were blocked by operations escaping the exchange control.

Since last August, when Maduro launched a reform package against the crisis, the bolivar devalued 98.12%. The plan had already begun with a 96% devaluation.