Area
Venezuela (Bolivarian Republic of)
Commodity Group
Rice
Commodity
All
Date
28/04/2014
Policy Category
Consumption and marketing
Policy Instrument
Price controls
Description
Following the January 2014 passage of the Fair Price Law (Ley Orgánica de Precios Justos), set ceilings on retail prices at Bolívares 9.5 (USD 1.5) per kg of Type I rice, at Bolívares 8.82 (USD 1.4) per kg of Type II rice and at Bolívares 8.38 in the case of a kilo of Type III rice (USD 1.3).
Notes
Exchange rate as of 15 July 2014.
