The Office of Differential Exchange Regime (RECADI) was an currency exchange control system in Venezuela implemented during the government of Luis Herrera Campíns that operated between 28 February 1983 (ten days after Viernes Negro) and 10 February 1989 to regulate the delivery of foreign currency. It was established to administer a system of differential exchange rates and capital controls.
The Office of Differential Exchange Regime (RECADI) was an currency exchange control system in Venezuela implemented during the government of Luis Herrera Campíns that operated between 28 February 1983 (ten days after Viernes Negro) and 10 February 1989 to regulate the delivery of foreign currency. It was established to administer a system of differential exchange rates and capital controls.
Source: Wikipedia "RECADI" · CC BY-SA 4.0
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