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dc.description.abstractThe Central Bank of Chile was founded on August 22, 1925, during the government of Arturo Alessandri Palma. As of October 10, 1989, the Central Bank of Chile has been an autonomous technical body charged with ensuring the stability of the currency, that is, keeping the rate of inflation low and stable over time. It also promotes the stability and efficiency of the financial system, guaranteeing the normal functioning of internal and external payments. These objectives enable the creation of a predictable environment for decision-making, thereby contributing to smoothing economic cycles and laying the foundations for the country’s sustained growth. In order to meet its objectives, the Bank —among other duties— ought to regulate the amount of money in circulation and credit in the economy, so that they are sufficient for individuals, companies and institutions to carry out their transactions.
dc.rightsAttribution-ShareAlike 4.0 International
dc.titleCentral Bank of Chile
dc.typeResearch Data

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Attribution-ShareAlike 4.0 International
Except where otherwise noted, this item's license is described as Attribution-ShareAlike 4.0 International