Venezuela's int'l reserves down to USD 21.6 billion

Data from the Central Bank of Venezuela (BCV) show that international reserves have plummeted 8% in a month. Back on November 14, assets of BCV settled at USD 19.4 billion, a number that Venezuela had not reached since the end of 2003. After the deposit of USD 4 billion by the Joint Chinese-Venezuelan Fund, assets hiked USD 23.5 billion back on November 19. Notwithstanding, some weeks later, reserves plunged again having a decrease of USD 1.9 billion at the end of December 19. Today, those reserves amount to USD 21.6 billion, as reported by BCV. More…