BCV Confirmed that the US and Venezuela Hired Audit Firms for the Use of Financial Resources

The United States and Venezuela hired audit firms to guarantee 'tranquility and impartiality for all,' said the BCV.

BCV Confirmed that the US and Venezuela Hired Audit Firms for the Use of Financial Resources

TL;DR

  • Venezuela and the US have hired external audit firms to oversee the country's financial resources.
  • The goal is to guarantee the "tranquility and impartiality of all" regarding resource usage.
  • BCV President Luis Pérez González expressed confidence in the process and the financial sector's auditability.
  • The BCV is actively intervening in the currency market, leading to a slowdown in exchange rate fluctuations and a decrease in the gap between official and parallel rates.
  • The US recently lifted sanctions on Venezuela's public banking system, including the BCV.
  • The BCV has resumed its publication schedule for economic data, adhering to international standards.