Banco Central de Timor-Leste
Banco Central de Timor-Leste (BCTL) is the central bank of East Timor located in its capital Dili.
Headquarters | Avenida Xavier do Amaral No. 9, Dili, East Timor |
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Established | 13 September 2011 |
Ownership | 100% state ownership[1] |
Governor | Abraão de Vasconselos |
Central bank of | East Timor |
Currency | East Timor centavo coins |
Reserves | 430 million USD[1] |
Website | www |
BCTL was formally established on 13 September 2011, replacing the Banking and Payments Authority of Timor-Leste (BPA) and the Central Payments Office. It is responsible for the monetary policy.
The main functions: [2]
- conducting policies to maintain domestic price stability
- fostering the liquidity and solvency of a stable market-based banking and financial system
- providing the foreign exchange policy
- promoting a safe, sound, and efficient payment system
- supporting the general economic policies of the government.
Governors
- Abraão de Vasconselos, 2011-
References
- https://d-nb.info/1138787981/34
- "Welcome to Banco Central de Timor-Leste website". Retrieved 14 March 2017.
Article contains translated text from Banco Central de Timor-Leste on the Portuguese Wikipedia retrieved on 14 March 2017.
External links
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