The Central Bank of Venezuela held its monthly working meeting with public and private banks and the Venezuelan Banking Association, led by central bank President Luis Pérez González. The participants reviewed technical coordination intended to support confidence in the national currency, monetary policy transmission and the functioning of the foreign exchange market. Discussions also covered ongoing upgrades to technology platforms to preserve the operation and continuity of the national financial system. The meetings form part of the central bank’s monitoring of macroeconomic variables and regular coordination with the banking sector.
Central Bank of Venezuela reviews monetary transmission, foreign exchange operations and system continuity with banks
The Central Bank of Venezuela and banking sector representatives reviewed technical coordination on monetary policy transmission, confidence in the national currency and foreign exchange market operations. They also discussed technology platform upgrades intended to maintain the financial system’s operation and continuity.