The president of the Central Bank of Chile, Rosanna Costa, announced the projection of the country's year-on-year inflation, which could remain at 5 % until June.
According to the executive of the regulatory body, this projection is based on "the simultaneous occurrence of cost shocks that, in line…
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Central Bank of Chile
Chile rules out incorporating bitcoin as a reserve asset
The Central Bank of Chile, the local regulatory body in monetary matters, indicated that bitcoin will not be incorporated as a reserve asset.
According to the entity, “cryptocurrencies do not meet the IMF criteria.” Hence the decision not…
Central Bank of Chile will carry out new tests to issue digital currency
The Central Bank of Chile recently indicated that the tests started in May 2022 for the launch of a new digital currency will be expanded.
In the announcement made last Thursday, the Central Bank of the South American country indicated…
Chile’s GDP registered 1 % growth in the second quarter of 2021
The second wave of the Covid-19 pandemic has left a deep mark in Chile. However, according to data provided by the Central Bank recently, during the second quarter of the year the country's Gross Domestic Product (GDP) showed a slight…
Central Bank of Chile maintains the interest rate at 0.5 %
The board of the Central Bank of Chile unanimously decided to maintain interest rates at the level of 0.5 % and to adapt a new credit assistance program of up to 10 billion dollars, through the financing line conditioned to the increase of…