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Central Bank of Chile. The Central Bank of Chile ( Spanish: Banco Central de Chile) is the central bank of Chile. It was established in 1925 and is incorporated into the current Chilean Constitution as an autonomous institution of constitutional rank. Its monetary policy is currently guided by an inflation targeting regime.
Banco de Chile. Banco de Chile (English: Bank of Chile ), is a Chilean bank and financial services company with headquarters in the city of Santiago de Chile. It's a commercial bank that provides a range of financial services to clients. As of December 31, 2012, Banco de Chile has a national network of 434 branches, 1,915 ATMs and other ...
The peso is the currency of Chile. The current peso has circulated since 1975, with a previous version circulating between 1817 and 1960. Its symbol is defined as a letter S with either one or two vertical bars superimposed prefixing the amount, [1] $ or ; the single-bar symbol, available in most modern text systems, is almost always used.
Chile's central bank raised its benchmark interest rate to 9.75% on Wednesday, from 9.0% previously, and said it expected more rate hikes would be necessary as it looks to rein in spiraling inflation.
Unidad de Fomento. The Unidad de Fomento ( UF) is a unit of account used in Chile. It is a non-circulating currency; [1] the exchange rate between the UF and the Chilean peso is constantly adjusted for inflation so that the purchasing power of the Unidad de Fomento remains almost constant on a daily basis during low inflation.
Website. Official website. Mario Marcel Cullell (born 22 October 1959, Santiago de Chile) is a Chilean economist who has been serving as Chile Minister of Finance since 11 March 2022. He previously served as Governor of the Central Bank of Chile. He was named Governor in December 2016 and member of the Bank's Board from October 2015.
This infobox shows the latest status before this currency was rendered obsolete. The escudo was the currency of Chile between 1960 and 1975, divided into 100 centésimos. It replaced the (old) peso at a rate of 1 escudo = 1000 pesos and was itself replaced by a new peso, at a rate of 1 peso = 1000 escudos. The symbol Eº was used for the escudo.
The economy of Chile is a market economy and high-income economy as ranked by the World Bank. [27] The country is considered one of South America's most prosperous nations, [28] leading the region in competitiveness, income per capita, globalization, economic freedom, and low perception of corruption. [29]