Venezuelan President Hugo Chavez indicated last week that the central bank had tranferred about half of its reserves out of US Treasuries into banks in Europe, in a move that many analysts have attributed to political motives. (Financial Times)
Thursday, October 6, 2005
Venezuela transfers half its reserves out of US Treasuries
Venezuelan President Hugo Chavez indicated last week that the central bank had tranferred about half of its reserves out of US Treasuries into banks in Europe, in a move that many analysts have attributed to political motives. (Financial Times)
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