Banco Central de Timor-Leste (Portuguese: Banco Central de Timor-Leste, BCTL, lit. 'East Timor Central Bank'; Tetum: Banku Sentrál Timor Lorosa'e) is the central bank of East Timor located in its capital Dili.
 | |
| Headquarters | Avenida Xavier do Amaral No. 9, Dili, East Timor |
|---|---|
| Established | 13 September 2011 |
| Ownership | 100% state ownership[1] |
| Governor | Abraão de Vasconcelos |
| 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
edit| Image | Name | Took office | Left office | Notes |
|---|---|---|---|---|
|
Abraão de Vasconcelos | September 2011 | Incumbent | [3] |
See also
editReferences
edit- ^ a b Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
- ^ "Welcome to Banco Central de Timor-Leste website". Retrieved 14 March 2017.
- ^ "REPÚBLICA DEMOCRÁTICA DE TIMOR-LESTE | Jornal da República". www.mj.gov.tl.
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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