Central Bank of Venezuela and reserve assets…

The last controversial request from the Venezuelan Government of 1 Billion USD in reserves from The Central Bank of Venezuela (BCV) has created lots of reasonable thoughts and opinions against it, as Central Bank’s Reserves exists not to finance government policies and social programs but to act as a collateral to sustain the country's legal currency. This is not about politics and neoliberalism as the Government followers claim, the reasons are rooted in the definition of what is the role of any Central Bank on managing reserve assets. What will be the destiny of Venezuelan reserves and its Central Bank under the pressure of the regime? Time will tell…