Just Business: Brazil Cuts Flow of Money to Venezuela | WHAT REALLY HAPPENED

Just Business: Brazil Cuts Flow of Money to Venezuela

The agreement to print money for Venezuela was not brokered directly between Venezuela and Brazil's respective mints, but rather subcontracted via an unnamed multinational company.

The Brazilian state-owned mint, the Casa da Moeda do Brasil, has recently stopped printing Venezuelan bolivar banknotes, the national currency of the neighboring country, the Folha de S. Paulo newspaper reports.

The newspaper notes that the money-printing contract was signed in 2018 and expired in March this year, with Brazil’s mint revealing that the agreement was not made directly with Caracas but rather via a subcontract by an undisclosed "multinational company".

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