VENEZUELAN NEWS EXTRA: REPEAL OF THE ILLICIT EXCHANGE LAW BY THE NATIONAL CONSTITUENT ASSEMBLY WOULD BECOME EFFECTIVE ON AUGUST 20. VENEZUELANS ARE NOW FREE TO EXCHANGE THEIR CURRENCY.

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Now, according to this repeal, the "black market" of currency will not exist anymore. This repeal will happen the same day that the new Venezuelan currency, the Sovereign Bolivar (BsS.), will be issued.