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MORE: Venezuela to Audit All FX Distributions, Maduro Says

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July 15 (Bloomberg) -- Venezuela will audit all dollars distributed by currency board Cencoex at the official FX rate in 1H14, President Nicolas Maduro says on state TV. * “We have to have a currency system that is stable, with resources invested correctly,” Maduro says * “Wait and see how international reserves behave in the coming weeks,” Maduro says * Venezuela has resources guaranteed for 2014; country in “good financial health”: Maduro * Govt ministers to conduct economic inspections every Wed and Fri to guarantee production, prices, supply: Maduro * Venezuela inflation “induced”: Maduro * Venezuela will conduct “fiscal revolution”; announce details in coming weeks: Maduro * Venezuela had FX inflows of $20.5b in 1H14: Economy VP Rafael Ramirez comments during Maduro’s address * Maduro to revise economic ministries July 22, 23; announce govt revamp Aug. 11

To contact the reporter on this story: Corina Pons in Caracas at crpons@bloomberg.net

To contact the editors responsible for this story: Andre Soliani at asoliani@bloomberg.net Philip Sanders

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