Venezuela
Comment: Venezuela's reserves
The Central Bank of Venezuela last week confirmed that it had liquidated more than half of its operational reserves and deposited the funds at the Bank for International Settlements (BIS).
Venezuela transfers $20 bn reserves to BIS
Venezuela has transferred $20 billion worth of its reserves to the Bank for International Settlements in Switzerland, Venezuela's central bank director Domingo Maza Zavala was quoted as saying, confirming comments by President Hugo Chavez last week.
Chavez says foreign reserves shifted to Europe
Venezuela has moved its central bank foreign reserves out of US banks, liquidated its investments in US Treasury securities and placed the funds in Europe, Venezuelan President Hugo Chavez said on Friday 30 September.
Venezuela central bank transfers US$3bn
Venezuela's central bank has transferred US$3 billion of its foreign exchange reserves to a newly created fund to support public projects, the finance minister said Friday 23 September.
Venezuela's Rojas enters race for IADB chief
A Venezuelan candidate has emerged to further complicate the contest to elect a new head of the Inter-American Development Bank.
Venezuela's president signs central bank reforms
Venezuelan President Hugo Chavez has signed a partial reform to the Central Bank Law to authorise investing six billion US dollars of hard currency reserves in social programs.
Venezuela passes foreign reserves reform bill
Venezuela's Congress on Tuesday 19 July approved a reform bill giving the government access to $6 billion of the nation's international reserves.
Venezuela approves central bank reform law
Venezuelan lawmakers gave initial approval late Tuesday 21 June to a bill that would allow President Hugo Chavez to access up to $5 billion in reserves held by the central bank.
Venezuela presents central bank reform proposals
Venezuela's government has submitted a legislative proposal that would allow President Hugo Chavez to tap reserves held by the central bank.
Venezuela's Chavez considers vote on reserves use
Venezuela's President Hugo Chavez said on Saturday 14 May he may decide to call a referendum on whether the country should be able to use part of its international exchange reserves for projects to help the poor.
Venezuela's Chavez calls for law on reserves
Venezuelan President Hugo Chavez has called for new legislation to limit the amount of foreign reserves that can be held by the central bank.
Venezuela ratifies central bank president
Venezuela's National Assembly has ratified by simple majority, President Hugo Chavez' nomination of Gaston Parra Luzardo as the new president of the Central Bank of Venezuela (BCV).
Venezuela's Chavez nominates Parra as BCV chief
Venezuelan President Hugo Chavez Frias has proposed economist Gaston Parra as his choice for the presidency of the Venezuelan Central Bank (BCV).
Chavez calls for BCV president's resignation
Venezuelan president Hugo Chavez called on Diego Castellanos, president of the country's central bank, to step down from his post as the row over the distribution of the central bank's reserves continues.
The fight over Venezuela's central bank profits
Last weekend Venezuela's President Chavez once again attacked the central bank over the amount of "foreign exchange profits" it should turn over to the government. With Chavez threatening to go to the Supreme Court on the issue, this article suggests the…
Venezuela's central bank under threat from Chavez
Venezuela's President Hugo Chavez has repeated threats to the central bank that if it doesn't allow him to use part of its international reserves to fund his social programs for the poor, he will get a Supreme Court order to force it.
Venezuela central bank against reserves plan
Venezuela's central bank has again repeated its opposition to President Hugo Chavez's plan to deprive the bank of its autonomy and take $7 billion of international reserves to fund projects and social programs.
New Venezuelan law targets central bank reserves
President Hugo Chavez of Venezuela said on Sunday 28 March that his government was drafting a new law to force the country's independent central bank to release international reserves to finance government projects.
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 presses Venezuela's cen bank on funds
Venezuelan President Hugo Chavez repeated on Sunday 1 February demands that that the central bank complete its commitments to release reserves to finance the state revival of the nation's flagging farm industry.
Venezuela's central bank under pressure
This article looks at the position of the central bank of Venezuela (BCV) following calls from President Hugo Chavez to hand over $1 billion from its reserves. Chavez has called it 'absurd' and 'crazy' for the reserves just to sit in the bank, and…
Venezuela's central bank defies Chavez
Venezuela's central bank is examining ways in which it can deflect controversial demands from president Hugo Chavez to hand over $1bn of its foreign reserves for what could be a public spending spree.
Venezuelan president threatens to take over c bank
On Wednesday 7 January Venezuela's President Hugo Chavez threatened to take over the country's independent central bank if it did not agree to his demand to hand over $1 billion in reserves to finance farming projects.
Venezuela announces more flexible currency control
President of the central bank of Venezuela, Domingo Maza Zavala, has said that currency controls would be made "substantially" more flexible for the new year, reports VenezuelAnalysis.