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Central Bank of Chile
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Central Bank of Chile

by Aisha MeyerMay 8, 2017
Overview
Founded

August 22, 1925

Headquarters

Santiago, Chile

Website

http://www.bcentral.cl

Central Bank of Chile

The Central Bank of Chile or Banco Central de Chile is the central bank of Chile. It was originally created in 1925 and is incorporated into the current Chilean Constitution as an autonomous institution of constitutional rank. Its monetary policy is currently guided by an inflation targeting regime.

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About The Community Member
Aisha Meyer
A central bank, reserve bank, or monetary authority is an institution that manages a state's currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base in the state, and usually also prints the national currency, which usually serves as the state's legal tender.

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Financial Stability
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