Venezuela replaces governor after less than two months in office

Constituent assembly appoints MP as economy battles hyperinflation and economic collapse

banco-central-de-venezuela
Headquarters of the Central Bank of Venezuela

The government-controlled constituent assembly of Venezuela sanctioned the appointment of a new governor of the Central Bank of Venezuela on October 26, less than two months after the appointment of the previous one.

Ramón Lobo replaces José Javier Morales, who become governor on September 9, 2017. Lobo is an economist linked to the Communist Party of Venezuela since the 1980s. He joined the political movement of the late Hugo Chavez in the 1990s, and was mayor of the town of Andrés Bello

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