Venezuela c bank rejects interest rate demands

Demands from President Hugo Chavez that the central bank of Venezuela reduce interest rates have been rejected. A director at the bank said pressure to impose rates would be resisted.

Source: Associated Press

Venezuela's Central Bank has rejected President Hugo Chavez's demand that it impose lower interest rates on private banks.

The Central Bank won't accept "pressure from anyone" to impose rates, director Domingo Maza Zavala said in comments published in Friday's El Universal newspaper. On

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: