BANCO CENTRAL DEL ECUADOR

Functions

Role of the Central Bank of Ecuador

 

The Constitution of the Republic of Ecuador, in article 303, establishes the implementation of the monetary, credit, exchange and finance policies formulated by the Executive Branch, as the role of the Central Bank of Ecuador. Additionally, the Fundamental Monetary and Financial Code, which governs its operation, in article 36, stipulates additional roles consisting of managing the liquidity of the economy to boost the country development objectives, administer the national payment system, guarantee the supply and distribution of money, manage the International Reserves, foster financial inclusion, and promote regional monetary and financial integration, among other relevant roles related to the monetary and financial management of the nation.