Again Eddy, your comment is nonsense.

Workers in Venezuela are paid in bolivars. The only reason to exchange currency would be if you did not have enough bolivars to pay your workers and had to exchange dollars into bolivars to get more to pay them.

Do you think that Toyota pays workers that build trucks in Texas in yen? Of course not, workers are paid in the local currency and then spend it on food, etc. in the local currency. What part about this is confusing you?

Of course, when you begin construction until you have active production -- you would exchange dollars at the unofficial rate to pay workers in bolivars, which would be ADVANTAGEOUS.

I don't care what Doug says, if he is paying local Venezuelan workers in dollars, which would require significant currency exchange, he has real business issues.