The Central Bank of Venezuela announced its re-entry to the Center for Latin American Monetary Studies (CEMLA), the regional body for central banks in Latin America and the Caribbean, as part of the normalization of Venezuela's multilateral financial relations. The move gives the bank access to joint work programmes with peer central banks, technical cooperation, exchanges on monetary policy and financial stability, and regional work on the use of new technologies. The announcement followed acting president Luis A. Pérez G.'s participation in the 120th Meeting of Governors and CEMLA assembly in Tarragona, Spain, organised by the Bank of Spain. At that meeting, participants set a 2026 roadmap focused on institutional normalization and the use of artificial intelligence, machine learning and big data.
Central Bank of Venezuela 2026-05-11
Central Bank of Venezuela rejoins the Center for Latin American Monetary Studies and resumes regional central bank cooperation
The Central Bank of Venezuela has rejoined the Center for Latin American Monetary Studies as part of the normalization of Venezuela’s multilateral financial relations, regaining access to joint work programmes, technical cooperation and regional exchanges on monetary policy, financial stability and new technologies. The announcement followed acting president Luis A. Pérez G.’s participation in CEMLA’s 120th Meeting of Governors and assembly in Spain, where participants agreed a 2026 roadmap focused on institutional normalization and the use of artificial intelligence and big data.