Banco_Central_de_Timor-Leste Knowpia

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
Governor	Abraão de Vasconcelos
Central bank of	East Timor
Currency	East Timor centavo coins
Reserves	430 million USD
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 bank of East 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]

References edit

^ ^a ^b Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
^ "Welcome to Banco Central de Timor-Leste website". Retrieved 14 March 2017.
^ "REPÚBLICA DEMOCRÁTICA DE TIMOR-LESTE | Jornal da República". www.mj.gov.tl.