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legal reserve

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ABV alerts regarding illiquidity in banks and requests the BCV to review the legal reserve

The Venezuelan Banking Association (ABV) alerted the Central Bank of Venezuela (BCV) about the difficult liquidity situation facing the banking system and requested the revision of the legal reserve rate of 93% and other measures that alleviate the pressure expressed at rates above 1,500% in the…
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Coinbase co-founder willing to invest in Venezuela’s…

Venezuelan agricultural sector authorized to use commercial…

Bank branches will be closed on Monday, October 26, for the…

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