Venezuela calms liquidity fears on Chavez takeover

The Central Bank of Venezuela has said that the country's financial system is sufficiently liquid after the nationalisation of one of its biggest banks prompted concern about the banking industry's health.

The central bank said on Friday that, as the guarantor of the country's payments system, it could say that there was sufficient liquidity in the financial system to allow for the normal operation of the economy.

The institution added that it held currency reserves which could be used to mai

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