Banco Central de Timor-Leste

Banco Central de Timor-Leste (, BCTL, ; ) is the central bank of Timor-Leste, 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:

• 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

See also

• List of central banks

References

Article contains translated text from on the Portuguese Wikipedia retrieved on 14 March 2017.

External links

• Homepage