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Banco Central de Timor-Leste

Central Bank of East Timor

East Timor Central Bank
Banco Central de Timor-Leste / Banku Sentrál Timor-Leste

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.bancocentral.tl/en

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 bankofEast 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: ^[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[edit]

• List of central banks

References[edit]

Article contains translated text from Banco Central de Timor-Leste on the Portuguese Wikipedia retrieved on 14 March 2017.

External links[edit]

• Homepage

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