International Reserves Archives

Venezuela nears deal to move its gold reserves to New York, Financial Times reports

September 18, 2026September 18, 2026Tatiana Da GamaLeave a Comment

The agreement would give Delcy Rodríguez’s government legal control over some 31 metric tons of Central Bank gold, although it could not immediately sell the bullion. The proposal would allow the government to use the reserves as collateral for loans, including financing for reconstruction following the June earthquakes. The Daily Journal.- The interim administration of […]

The inequality of phantom growth: why Venezuela and Ireland suffer from the same macroeconomic mirage

September 14, 2026September 14, 2026Tatiana Da GamaLeave a Comment

Andrés Ramón Giuseppe Ávalo In conventional economic analysis, Venezuela and Ireland rarely appear in the same conversation. One is a European technology and pharmaceutical hub; the other is a Caribbean oil-producing nation recovering after years of acute economic collapse and severe international sanctions. Yet beneath their profound geographical and institutional differences lies a shared structural […]

National Academy of Economic Sciences warns of dollarization costs and proposes multi-currency regime

September 12, 2026September 12, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.- The National Academy of Economic Sciences (ANCE) warned that full and formal dollarization of the Venezuelan economy could quickly curb inflation but would significantly limit the country’s economic policy tools. Instead, it proposed establishing a multi-currency or dual-currency regime. In a document released amid debate over officially adopting the U.S. dollar as […]

Proceeds from gold held in London will go into a U.S. Treasury account under audit

August 17, 2026August 17, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.— The release of Venezuela’s international reserve assets in gold held at the Bank of England will depend on the implementation of international audits and the transfer of the proceeds to a U.S. Department of the Treasury account, Ramón López, a delegate from the 2015 National Assembly, said in an interview with a […]

Delcy Rodríguez celebrates first dialogue agreement with 2015 National Assembly

August 13, 2026August 13, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.- Acting President Delcy Rodríguez on Wednesday welcomed the first agreement reached in the dialogue process between her administration and the National Assembly elected in 2015. “I welcome and celebrate this first step in the dialogue process with the opposition sector represented in the National Assembly elected in 2015,” Rodríguez said in a […]

Dialogue talks agree to pursue recovery of Venezuelan assets at Bank of England

August 13, 2026August 13, 2026Tatiana Da GamaLeave a Comment

The Daily Journal. — The administration of Delcy Rodríguez and the National Assembly elected in 2015 agreed to focus their efforts on recovering Venezuela’s international reserve assets held at the Bank of England, as part of the agreements reached during the first round of talks between the two sides. The commitment forms part of the […]