Central Banks

Central Bank of Venezuela

The Central Bank of Venezuela was established against the backdrop of major political, social and economic changes in the world

The Central Bank of Venezuela was established against the backdrop of major political, social and economic changes in the world. In addition to the start of World War II, Venezuela itself has started a big discussion about the political and economic direction Venezuela should take after 27 years in power under General Juan Vicente Gomez. The new government has drawn up a national plan called the "February Plan", which includes a series of economic policy measures, the most important of which is the establishment of a central bank.
The Bolivarian Republic of Venezuela is located in the north of South America, bordered by the Caribbean Sea to the north, Colombia to the west, Brazil to the south, and Guyana to the east. The currency used is the Bolivar (Venezuelan Bolivar), code VEF.

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