Banco Central de Chile

Banco Central de Chile, or the Central Bank of Chile, is the country’s main financial institution, responsible for managing monetary policy, regulating the money supply, and ensuring financial stability. Established in 1925, its primary goals include controlling inflation, stabilizing the currency (the Chilean peso), and promoting safe and efficient payment systems. The bank also oversees the country's financial system and plays a key role in fostering economic growth. By setting interest rates and managing foreign reserves, it aims to create a stable environment for trade and investment, ultimately benefiting the Chilean economy and its citizens.