Castellanos views interest rates, currency band

Venezuela's central bank (BCV) president Diego Luis Castellanos announced today that the institution would not impose controls over private banking interest rates. Castellanos, who declined to comment on financial projections for the coming year, said the BCV's performance this year was "satisfactory".

BCV director Domingo Maza Zavala said that an announcement on adjusting the band system for currency exchange would be made before the end of the year. But it would "not mean a substantial chan