The Banco de España is the central bank of Spain, responsible for maintaining monetary stability and overseeing the financial system. Established in 1782, it plays a crucial role in implementing the monetary policy of the European Central Bank (ECB) since Spain is a member of the Eurozone. The bank manages the country's foreign reserves and issues the national currency, the euro. It also supervises commercial banks and ensures compliance with financial regulations to promote a stable banking environment. The Banco de España contributes to economic research and provides valuable data to support policy decisions.