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Bitcoin Price Drops Below $10,000 as Regulators Grill Facebooks Libra

Venezuela's opposition congress names ad-hoc central bank board

WikiFX

| 2019-07-17 03:32

Abstract：Venezuela's opposition-controlled National Assembly on Tuesday appointed an ad-hoc board for the country's central bank with the aim of "protecting its international reserves" from President Nicolas Maduro's government.

CARACAS (Reuters) - Venezuela's opposition-controlled National Assembly on Tuesday appointed an ad-hoc board for the country's central bank with the aim of “protecting its international reserves” from President Nicolas Maduro's government.

The assembly head, Juan Guaido, named five people to the ad-hoc board. Most western nations recognize Guaido as Venezuela's legitimate president, though Maduro retains control of the state, including the central bank.

Guaido did not explain how the ad-hoc board would function, but the opposition has previously sought to prevent Maduro's government from accessing central bank gold kept at the Bank of England.

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