Central Bank of Venezuela

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Central Bank of Venezuela

BCV headquarters
Abbreviation BCV
Formation September 8, 1939 (1939-09-08) (73 years ago)
Type GO
Headquarters Caracas
Location Avenida Urdaneta, Caracas 1010, Venezuela1
Website http://www.bcv.org.ve

The Central Bank of Venezuela (Spanish: Banco Central de Venezuela, BCV) is the central bank of Venezuela. It maintains a fixed exchange rate for the Venezuelan bolívar. Nelson Merentes is the President of the Central Bank of Venezuela.2 Merentes is a representative of Venezuela for the International Monetary Fund.

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Sitme

The Central Bank is able to issue bonds through the "SITME" market. In 2012, it was reported that $44 million worth of bonds were purchased through SITME in a single day for Petroleos de Venezuela SA.3

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Content from Wikipedia, the Free Encyclopedia

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