Central Bank of Venezuela

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Central Bank of Venezuela
Central Bank of Venezuela logo.jpg
Abbreviation BCV
Formation 8 September 1939; 75 years ago (1939-09-08)
Type GO
Headquarters Caracas. Venezuela
Location
  • Avenida Urdaneta, Caracas 1010, Venezuela[1]
Key people
Nelson Merentes Díaz[2]
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.[3] Merentes is a representative of Venezuela for the International Monetary Fund.

Sicad[edit]

The currency exchange system in Venezuela is known as the "Ancillary Foreign Currency Administration System" or Sicad.[4]

Sitme[edit]

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.[5]

Presidents of the Central Bank of Venezuela[edit]

President from until
Jesús Herrera Mendoza 1940 1948
Carlos Mendoza Goiticoa 1948 1953
Aurelio Arreaza Arreaza 1953 1958
Alfonso Espinosa 1958 1960
Alfredo Machado Gómez 1961 1968
Benito Raúl Losada 1968 1971
Alfredo Lafée 1971 1976
Benito Raúl Losada 1976 1979
Carlos Rafael Silva 1979 1981
Leopoldo Díaz Bruzual 1981 1984
Benito Raúl Losada 1984 1986
Hernán Anzola 1986 1987
Mauricio García Araujo 1987 1989
Pedro R. Tinoco, hijo 1989 1992
Miguel Rodríguez Fandeo 1992
Ruth de Krivoy 1992 1994
Antonio Casas González 1994 1999
Diego Luis Castellanos 2000 2005
Gastón Parra Luzardo 2005 2009
Nelson Merentes Díaz 2009 2013
Edmée Betancourt 2013
Eudomar Tovar 2013 2014
Nelson Merentes Díaz 2014 In office

See also[edit]

References[edit]

External links[edit]

Coordinates: 10°30′36″N 66°54′55″W / 10.5100°N 66.9152°W / 10.5100; -66.9152