Central Bank of Uruguay

Central Bank of Uruguay
Banco Central del Uruguay

Headquarters	Montevideo
Established	July 6, 1967 (1967-July-06)
President	Alberto Graña
Central bank of	Uruguay
Currency	Uruguayan peso UYU (ISO 4217)
Website	http://www.bcu.gub.uy

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

History

The Central Bank of 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.

Name	Period
Enrique V. Iglesias	1967–1968
Carlos Sanguinetti	1968–1970
Armando Malet	1970
Nilo Márquez	1970–1971
Jorge Echeverría	1971–1972
Juan Pedro Amestoy	1972–1973
Carlos Ricchi	1973–1974
José Gil Díaz	1974–1982
José María Puppo	1982–1984
Juan Carlos Protasi	1984–1985
Ricardo Pascale	1985–1990
Ramón Díaz	1990–1993
Enrique Braga	1993–1995
Ricardo Pascale	1995
Humberto Capote	1995–2000
César Rodríguez Batlle	2000–2002
Julio de Brun	2002–2005
Walter Cancela	2005–2008
Mario Bergara	2008 - 2013
Alberto Graña	2014 -

See also

• Economy of Uruguay
• Uruguayan peso
• Payment system
• Real-time gross settlement

External links

• (Spanish) (English) Official site: Banco Central del Uruguay