By Mayela Armas CARACAS, Dec 20 (Reuters) - The Venezuelan government is behind on cash payments in U.S. dollars to several of its suppliers as it faces dwindling income of the foreign currency, five sources familiar with the matter said, hampering efforts to restrain inflation. President Nicolas Maduro's government and state-run firms such as oil company PDVSA by the end of 2021 began paying some suppliers in dollars to cut expenses in bolivars and reduce inflation. But the sources said that...

CARACAS, Jan 21 (Reuters) - Venezuela’s gold holdings in the Bank of England have jumped after it closed out a gold swap deal with Deutsche Bank, according to two sources, as Britain remains reluctant to release gold held for the troubled OPEC nation. The government of Nicolas Maduro has since last year been seeking to repatriate about $550 million in gold from the Bank of England on fears it could be caught up in international sanctions on the country. Its holdings at the bank more than...

CARACAS (Reuters) - Venezuela’s gold holdings in the Bank of England have jumped after it closed out a gold swap deal with Deutsche Bank, according to two sources, as Britain remains reluctant to release gold held for the troubled OPEC nation. FILE PHOTO: Venezuela's President Nicolas Maduro touches a gold bar as he speaks during a meeting with the ministers responsible for the economic sector at Miraflores Palace in Caracas, Venezuela March 22, 2018. REUTERS/Marco Bello/File Photo The...

CARACAS (Reuters) - Two high-ranking Venezuelan officials are traveling to London with plans to meet with the Bank of England over the repatriation of $550 million in gold held in the bank’s coffers, according to two sources with knowledge of the situation. FILE PHOTO: Venezuela's President Nicolas Maduro touches a gold bar as he speaks during a meeting with the ministers responsible for the economic sector at Miraflores Palace in Caracas, Venezuela March 22, 2018. REUTERS/Marco Bello/File...