The President of the Bolivarian Republic of Venezuela, Nicolás Maduro, informed that from this Tuesday, will be in effect the legal reserve of 60% for the national banking:
«The legal reserve of 60% should be put into effect, in force, by all national banks so that this legal reserve and those bolivars will not be used to continue pressing to justify the criminal dollar», said the Venezuelan president during the presentation to the National Constituent Assembly (ANC) of the Memory and Account of 2018, as well as the Homeland Plan for 2019-2025, and announcements on economy.
Production sale in Petros:
In addition, was ordered the sale of 15% of the production in Petros, of PDVSA, as well as the 23 basic companies with the purpose of strengthening the national Petro cryptocurrency, as an economic project for the recovery of the Venezuelan economy:
«All this seeks to strengthen the cryptocurrency, which has been a bulwark of the short and medium term economic project for the definitive recovery of financing and the ecosystem of the cryptocurrency has to be built, in that sense, the basic companies will have to export that 15% in the Venezuelan digital currency», he stressed.
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