Venezuela receives last shipment of gold reserves from European banks

Posted on January 31, 2012 • Filed under: Economy, Venezuela

On Monday up to the country the last shipment of Venezuelan gold reserves from foreign banks.
Venezuelan gold repatriation began on November 25 a process that was greeted with euphoria by the Venezuelan people, who accompanied the caravan of trucks that brought the first cargo from Europe to the vaults of the Central Bank.
Later a rally was held in the Plaza Juan Pedro Lopez, adjacent to the central bank, where President of the BCV, Nelson Merentes, ratified the historic character of this fact that constitutes an exercise of full sovereignty.
He recalled that this action is executed, as well as a measure of financial prudence against the shaky economic situation as a result of the international financial crisis is evident in most European nations. Read Article

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