Banco Central de Venezuela (Venezuela)

The Banco Central de Venezuela is a state entity with constitutional status. It is autonomous in formulating and implementing policies within its jurisdiction, with full public and private capacity. It is part of the National Public Power and exercises management functions of public interest in coordination with the general economic policy. The bank is governed by the principles that govern the Public Administration. The main objective of the Banco Central de Venezuela is to achieve price stability and preserve the internal and external value of the currency. It contributes to the harmonious development of the national economy, taking into account the fundamentals of the socio-economic regime of the Republic. Additionally, within the framework of Latin American and Caribbean integration, the BCV establishes mechanisms to facilitate the coordination of macroeconomic policies with regional central banks. The bank also emphasizes its commitment to society through the promotion of solidarity, citizen participation, and social responsibility.