Forex curbs staying in Venezuela, but may be eased

Venezuela will keep its year-old currency controls in place, boosting its foreign reserves, but the government will try to make them more flexible, President Hugo Chavez said on Sunday 8 February.

Chavez said in a television and radio broadcast "Our international reserves are going to carry on rising, because we are not going to lift the foreign exchange controls".

"We're not going to lift them, but, ah yes, we could make them more flexible. That's part of the plan. We squeezed the tourniquet h

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: