Central Bank of Venezuela
Observers cast doubt on first Venezuelan inflation figures in a year
Central bank report puts annual inflation at 141% at end of September, after a year without publishing the data; some consider the figure to be too conservative
Venezuelan president cuts congress out of key central bank matters
President ‘shields’ central bank from opposition interference, according to one observer, with changes effective on eve of national assembly meeting
Venezuelan central bank sues US data website
Central bank accuses black market data website of artificially raising the rate of inflation in the country
Venezuelan inflation still running at over 700%, expert says
Venezuela’s central bank appears to be unable to make any impact on soaring inflation levels and has not reported an inflation number this year, says Steve Hanke
El Salvador central bank sells 80% of its gold reserves
Central Reserve Bank of El Salvador sold 80% of its gold holdings last month and invested the proceeds in dollars; Venezuela carries out $1 billion gold swap deal
Venezuela fleshes out details of new floating exchange rate
Venezuela’s central bank will introduce a new free-float exchange rate, allowing people and companies to freely buy and sell dollars; economists say it will lead to depreciation
Venezuela to adopt new currency exchange system
Venezuela’s president announces changes to the country’s three-tiered currency exchange system, adapting the higher rate to market fluctuations
Central Bank of Venezuela grants exchange rate boost to state oil company
Venezuela's state-owned oil company can now sell its dollars from certain export contracts at the highest exchange rate in the country; president hints at exchange rate reform
People: Venezuela finance minister to sit on central bank board; and more
Venezuelan finance minister gets a seat on the central bank board; Bank of Japan London representative moves home to head up international division; and more
Central Bank of Venezuela sees third president in nine months
Nelson Merentes, currently finance minister, will return to the bank, which he led for four years before leaving in April; meanwhile, the finance and ‘banking system' ministries are being merged
Central Bank of Venezuela seen in debt reshuffle
The central bank will reportedly buy securities from the country's mining corporation with debt accumulated from the state-owned oil company
Central Bank of Venezuela to buy country's entire gold production
Central bank in joint bid with state oil company to ‘regularise' production, sales and purchases of the precious metal, which last year accounted for 70% of the bank's international reserves
Venezuela central bank head replaced amid corruption claims
President Maduro appoints head of the currency exchange board, Eudomar Tovar, to lead the CBV; Edmée Betancourt is sacked three months after moving from the scandal-plagued development bank
Central banks face $450bn in paper losses from gold holdings
The decline in world gold prices during the first half of the year has resulted in the value of central bank gold reserves falling by $447 billion; latest entrants into bullion market hardest hit
People: New governor for Central Bank of Venezuela; Bank of Lithuania gets new board member
Venezuelan president Nicolas Maduro has nominated Edmée Betancourt to take over at the top of the central bank; Norges Bank economist to return home for Bank of Lithuania board seat; and more
Maduro picks central bank chief for Venezuela's finance minister
Nelson Merentes will be finance minister and central bank governor for the time being; analysts see his appointment as part of a shift to a more 'pragmatic chavismo'
Former Venezuelan central banker joins board of commodities company
PetroMagdalena announces appointment of Central Bank of Venezuela veteran Nelson Ortiz as director
Venezuela completes repatriation of gold reserves
Final shipment of 14 tonnes of gold arrives in Caracas; governor certain the central bank has the capabilities to protect the precious metal
Venezuela begins gold repatriation
First shipment of Venezuelan gold reserves made; central bank says uncertainty in Europe was a factor in the decision to move the precious metal
Venezuela’s Chavez orders diversification of reserves
Hugo Chavez has asked the central bank to repatriate gold reserves and diversify holdings amid “global crisis of capitalism”; controversial president also plotting to nationalise gold industry
Ex-Vietnam governor linked to Securency bribery scandal
Payments from polymer-maker Securency alleged to have been channelled to fund education of former State of Bank of Vietnam governor Le Duc Thuy's child
Venezuela’s Merentes announces plans to reopen foreign dollar-denominated bond market
Central Bank of Venezuela president Nelson Merentes says market will accept bonds from South American neighbours
Venezuela cautiously reopens forex markets
Central Bank of Venezuela introduces tough rules for new regulated foreign currency market; bond trades will be carried out on new system under central bank's watch
Venezuela drawn into Securency scandal: report
Australian newspaper alleges that RBA offshoot paid for Vietnamese government officials to win business from Central Bank of Venezuela