The Banco Central de Bolivia, which is called as the Central Bank of Bolivia was set up in the year 1928. The bank plays a significant role in the country's economy by controlling the monetary and fiscal sectors.
The important functions of the bank are as follows:
- Issuance of the Currency
- Controlling the money supply
- Regulating foreign Exchange
- Maintaining overall stability in the economy
Setting up of the Banco Central de Bolivia is considered to be an important step undertaken by the Bolivian Government to revive its economic performance.
The Address and Contact details of the bank is as follows:
Banco Central de Bolivia
Address: Cajón Postal 3118 La Paz BOLIVIA
Phone No.: ++591-2-37 41 51
Fax: ++591-2-39 23 98