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Venezuela Replaces Central Bank Chief After U.S. Eases Bank Sanctions

The leadership change signals a push to restore links with global lenders and payment channels.

Overview

  • Interim president Delcy Rodríguez said Laura Guerra resigned from the Central Bank of Venezuela and named Luis Pérez as the new chief.
  • The reshuffle came days after a U.S. Treasury license loosened curbs on the central bank and three state lenders by allowing dollar payments, foreign-exchange deals, and correspondent banking.
  • The IMF and World Bank said they will resume relations with Venezuela after seven years, a step that could reopen access to emergency loans and Special Drawing Rights.
  • IMF managing director Kristalina Georgieva said the fund will move quickly because Caracas has restarted sharing economic data and regional governments back its return.
  • Pérez inherits runaway inflation near 600% and a budget gap near 9% of GDP, and early gains would likely show up as smoother remittances, card payments, and cross-border transfers for households and businesses.