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New Year's Eve

FR

About This Indicator

Description

New Year's Eve is a bank holiday in Venezuela, marking the conclusion of the calendar year. All banking institutions and the Caracas Stock Exchange are closed to the public and for electronic settlements. This holiday is part of a broader festive season where economic data releases are suspended and government activity is minimal. It serves as a period for financial institutions to conduct year-end closing procedures and audits.

Methodology

The holiday is mandated by the Superintendency of Banking Sector Institutions (SUDEBAN) in Venezuela. It is a non-working day for the entire financial system, including clearing houses.

Source: SUDEBAN — Venezuela

Full History

No historical data available