Girish Mahajan (Editor)

Central Bank of Uruguay

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Website
  
www.bcu.gub.uy

Headquarters
  
Montevideo

Central bank of
  
Uruguay

Founded
  
6 July 1967

Central Bank of Uruguay httpsuploadwikimediaorgwikipediacommonsthu

Established
  
July 6, 1967 (1967-July-06)

Currency
  
Uruguayan pesoUYU (ISO 4217)

Presidents
  
Mario Bergara, Alberto Graña

Profiles

Twitter

The Central Bank of the Uruguay (BCU) (Spanish: Banco Central del Uruguay) is the central bank of the Uruguay.

Contents

History

The Central Bank of the Uruguay was established on July 6, 1967 as an autonomous state entity (Spanish: Ente Autónomo), with the passing of the 196th article of the República Oriental del Uruguay's Constitution. Prior to the creation of the BCU, the issuing of currency and managing and supervising of the banking system was handled by the department of the Banco de la República Oriental del Uruguay.

On March 30, 1995 a bank charter was passed (Law 16696), which expanded the BCUs responsibilities and set out the management structure as well as the functions and responsibilities of the bank.

Numismatic museum

The building of the Central Bank in Ciudad Vieja, Montevideo houses the Numismatic museum, which is open to the public from 10:00 to 16:00 Monday to Friday and has free entrance.

Responsibilities

According to the 7th article of the BCUs Charter, its responsibilities are;

  • Issuer of money notes and coins, as well as their withdrawal throughout the republic
  • Manage monetary, credit and currency exchanging as set out by law
  • Act as economic advisor, banker and financial agent of the Government
  • Administer the international reserves of the State
  • Be the banker of all government institutions
  • Represent the Uruguay government at international financial organisations
  • Regulate and supervise all financial institutions

    • Presidents of the Central Bank

    List of all the presidents of the bank since its establishment in 1967.

    References

    Central Bank of Uruguay Wikipedia
    (Text) CC BY-SA


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