Central Bank of Costa Rica

The Central Bank of Costa Rica (Spanish: Banco Central de Costa Rica) is the central bank of Costa Rica. It is recognized by the Costa Rican society and the international community for its efficiency, transparency and credibility in keeping inflation low and stable.

Central Bank of Costa Rica
Banco Central de Costa Rica
Central Bank of Costa Rica building in San José
EstablishedJanuary 1950
Ownership100% state ownership[1]
GovernorRodrigo Cubero Brealey
Central bank ofCosta Rica
CurrencyCosta Rican colón
Reserves7 620 million USD[1]
Websitewww.bccr.fi.cr

Scope

In pursuit of its mission, and to maintain the economy’s internal and external balance, the goals and operating objectives of the Central Bank of Costa Rica are as follows:

  • Maintain internal stability of the national currency, seeking to turn the full employment of productive resources.
  • Maintain external stability of the national currency and ensure their free conversion to other currencies.
  • Promote a stable system of financial intermediation, efficient and competitive.

Similar to other Central Banks in the world, the functions of Central Bank of Costa Rica include providing banking services to the Government of Costa Rica and financial institutions, issuing the domestic currency, regulating commercial banks and other financial institutions, providing economic advice to the Government, conducting research and publishing information on monetary and other economic developments. Only notes and coins issued by the Central Bank shall be legal tender in Costa Rica.

Presidents

  • Juan Dent Alvarado
  • Jaime Solera Bennett
  • Rodrigo Facio Brenes
  • Carlos Manuel Escalante Duran, 1962-?
  • Rodolfo Lara Iraeta ? -1965-1967-?
  • Juan Rafael Arias, ?-1970-?
  • Bernal Jiménez Monge, 1973-1974
  • Juan José Arrea Escalante, ?-1978
  • Guillermo González Truque, 1978-1980
  • Manuel Naranjo Coto, 1980-1981-?
  • Carlos Manuel Castillo Morales, 1982-1984
  • Eduardo Lizano, 1984-1990
  • Jorge Guardia Quirós, 1990-1993
  • Carlos Manuel Castillo Morales, 1994-1995
  • Rodrigo Bolaños, 1995-1998
  • Eduardo Lizano Fait, 1998-2002
  • Francisco de Paula Gutiérrez, 2002-2010
  • Rodrigo Bolaños, 2010-2014
  • Olivier Castro Pérez, 2014-2018
  • Rodrigo Cubero Brealey, 2018-

[2]

See also

References


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