Banco Central de Timor-Leste

East Timor Central Bank
Banco Central de Timor-Leste
Headquarters Avenida Xavier do Amaral No. 9, Dili, East Timor
Established 13 September 2011
Governor Abraão de Vasconselos
Central bank of  East Timor
Currency East Timor centavo coins
Website www.bancocentral.tl/en

Banco Central de Timor-Leste (BCTL) is the central bank of East Timor located in its capital Dili.

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: [1]

  • 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.

References

  1. ↑ "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.

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