The Bank of Eritrea (BOE) is the central bank of Eritrea. The bank is located in Asmara, the capital. The central bank is interested in encouraging foreign investment and in importing capital goods such as industrial machinery and agricultural equipment.[2] The Central Bank of Eritrea, though a government entity, is independent from the Ministry of Finance; its governor and policy committee formulate and implement policy with input from the Ministry of Finance. Although travellers are permitted to bring foreign currency into the country, all transactions are to be made in Nakfa.[3]
Governors
See also
- Banking in Eritrea
- Central banks and currencies of Africa
- Economy of Eritrea
- Eritrean nakfa, the unit of currency
- List of central banks
External links
References
- Jan Weidner. The Organisation and Structure of Central Banks Katalog der Deutschen Nationalbibliothek, 2017^
- Eritrea: Entering a New Phase retrieved 2009-05-20^
- Legal Notice 101/2005 Ministry of Information, retrieved 2009-05-20^
- CMS Data www.europarl.europa.eu^
- National Bank of Eritrea 21 May 2012^