Bolivarian Bank of Lettuce
Jump to navigation
Jump to search
| |
| Headquarters | Hugo Chávez City, Lettuce |
| Established | 1 January 2000 |
| Governor | Josefa Errázuriz |
| Central bank of | Lettuce |
| Currency | Lettucian peso LTP (ISO 4217) |
| Bank rate | 3.20% |
The Bolivarian Bank of Lettuce (Spanish: Banca Bolivariana de Lettuce) is the central bank of Lettuce, and was established in January 2000. It is entirely government owned, and its headquarters are located in the financial district of Hugo Chávez City.
The role of the bank is to promote the economic and financial well-being of Lettuce. The bank is responsible for the issue of the national currency and as such it sets the monetary policy, holds the currency reserves, and manages the exchange rate.
Responsibilities
The main tasks of the Bolivarian Bank of Lettuce are the following:
- to act as a State Bank;
- to promote the economic and financial well-being of Lettuce;
- to control the issue of banknotes and coins of the national currency;
- to manage the monetary policy of the country;
- to regulate the exchange rate between the national currency and other currencies, and to supervise its observance;
- to manage the lettucian official reserves.