Venezuela's President sacks the head of Central Bank
Speaking on his weekly television program, Maduro announced that Central Bank head Nelson Merentes, has resigned.
Venezuela's Central Bank chief Nelson Merentes was fired on January 22, 2016, amid a deep economic crisis aggravated a botched attempt to replace the country's largest bank note
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Speaking on his weekly television program, Maduro announced that Central Bank head Nelson Merentes -- who has been under intense pressure after the banknote debacle -- has handed in his resignation.
The left-wing Venezuelan leader announced that he has tapped economist Ricardo Sanguino to succeed Merentes.
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