Venezuela’s Great Dollar Drought

Businesses can’t get the greenbacks they need for imports

Every weekday, Ricardo Matamoros wakes up before dawn, travels to a branch of Mercantil Banco Universal in Caracas, and gets in line seeking to buy dollars. It’s a futile effort, he says. “They haven’t approved a single one of my requests during 45 days,” said Matamoros, 51, the president of a film production company, as he stood outside the bank on Feb. 7. “Let’s see if it happens today since I’m second in line.” Read Article Bloomberg