RIO DE JANEIRO, BRAZIL – The Central Bank of Venezuela (BCV) is entitled to appeal against a British court ruling denying it access to the 31 tons of gold that Venezuela has stored at the Bank of England (BoE).
On July 2nd, the British High Court “unequivocally recognized the opposition leader Juan Guaidó as president,” following the position of the British Foreign Office and denying the government of Nicolás Maduro the right to repatriate BCV’s gold assets. Since late 2018, the Bank of England has refused to return the gold deposited in its vaults, the value of which is . . .