March 2 (UPI) -- The Central Bank of Venezuela, or BCV, said the country has $10.5 billion in foreign reserves, mostly in gold, which amounts to a 66 percent decrease since 2011.
Venezuela has $7.2 billion in outstanding debt payments for the rest of 2017. In 2011, the South American country had about $30 billion in reserves and it had about $20 billion in 2015, BCV records show.