Venezuela, debt restructuring
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11hon MSN
Exclusive-Venezuela debt restructuring to bring country 'out of shadows,' central bank chief says
By Deisy Buitrago May 14 (Reuters) - Restructuring Venezuela's sovereign debt and that of state oil firm PDVSA will bring the country "out of the shadows" of the global financial system, interim Central Bank President Luis Perez said on Thursday.
Venezuela aims to reintegrate into the global financial system by restructuring its sovereign debt, led by interim Central Bank President Luis Perez. This move is expected to restore its standing in the international financial arena amidst relations resuming with the IMF.
Venezuelan bonds have rallied in recent months as investors anticipate a windfall in a possible debt restructuring deal.
Restructuring Venezuela's sovereign debt and that of state oil firm PDVSA will bring the country "out of the shadows" of the global financial system, interim