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Central Bank of Uruguay

February 25, 2023

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

Central Bank of Uruguay
Banco Central del Uruguay



HeadquartersMontevideo
EstablishedJuly 6, 1967 (1967-July-06)
Ownership100% state ownership[1]
PresidentDiego Labat
Central bank ofUruguay
CurrencyUruguayan peso
UYU (ISO 4217)
Reserves15 160 million USD[1]
Websitewww.bcu.gub.uy

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 Constitution of 1967.[2] 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.[3]

On March 30, 1995 a bank charter was passed (Law 16,696), which expanded the BCUs responsibilities and set out the management structure as well as the functions and responsibilities of the bank.[4]

The headquarters of the Central Bank in Ciudad Vieja, Montevideo houses the Numismatic museum, in which both Uruguayan coins and banknotes from the Banco de la República and the Central Bank, as well as foreign ones, are exhibited.[5]

Functions

According to the 7th article of the BCUs Charter, its responsibilities are;[6]

  • 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 Uruguayan government at international financial organisations
  • Regulate and supervise all financial institutions

List of presidents

List of the presidents of Central Bank of Uruguay.

# Name Term of office Tenure length Notes
Start of term End of term
1 Enrique V. Iglesias May 16, 1967 January 9, 1969 1 year, 238 days [7]
2 Carlos Sanguinetti January 10, 1969 October 27, 1970 1 year, 290 days [8]
3 Armando Malet October 27, 1970 November 21, 1970 25 days [9]
4 Nilo Márquez December 14, 1970 August 12, 1971 241 days [10]
5 Jorge Echeverría August 12, 1971 March 1, 1972 201 days [11]
6 Juan Pedro Amestoy March 1, 1972 June 4, 1973 1 year, 95 days [12]
7 Carlos Ricchi June 4, 1973 December 23, 1974 1 year, 202 days [13]
8 José Gil Díaz December 23, 1974 July 5, 1982 7 years, 194 days [14]
9 José María Puppo July 5, 1982 February 24, 1984 1 year, 234 days [15]
10 Juan Carlos Protasi February 24, 1984 April 15, 1985 1 year, 50 days [16]
11 Ricardo Pascale April 16, 1985 April 9, 1990 4 years, 358 days [17]
12 Ramón Díaz April 9, 1990 October 18, 1993 3 years, 192 days [18]
13 Enrique Braga October 18, 1993 April 7, 1995 1 year, 171 days [19]
14 Ricardo Pascale April 7, 1995 April 18, 1996 1 year, 11 days [17]
15 Humberto Capote April 18, 1996 April 12, 2000 3 years, 360 days [20]
16 César Rodríguez Batlle April 13, 2000 July 24, 2002 2 years, 102 days [21]
17 Julio de Brun July 25, 2002 March 10, 2005 2 years, 228 days [22]
18 Walter Cancela March 10, 2005 October 24, 2008 3 years, 228 days [23]
19 Mario Bergara November 11, 2008 December 26, 2013 5 years, 45 days [24]
20 Alberto Graña January 10, 2014 April 20, 2015 1 year, 100 days [25]
21 Mario Bergara April 20, 2015 October 11, 2018 3 years, 173 days [24]
22 Alberto Graña October 11, 2018 March 4, 2020 1 year, 145 days [25]
23 Diego Labat March 20, 2020 Incumbent 2 years, 339 days [26]

See also

References

  1. ^ a b Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  2. ^ "Páginas - 45 años del Banco Central del Uruguay". www.bcu.gub.uy. Retrieved 2023-02-16.
  3. ^ "Creación del banco - BROU". web.archive.org. 2021-04-21. Retrieved 2023-02-16.
  4. ^ "Ley N° 16696". web.archive.org. 2022-05-28. Retrieved 2023-02-16.
  5. ^ "Museo Numismático". web.archive.org. 2022-07-02. Retrieved 2023-02-16.
  6. ^ "Charter of the Central Bank of Uruguay" (PDF).
  7. ^ "Enrique Iglesias – Presidente – Arte BCU". web.archive.org. 2022-06-07. Retrieved 2023-02-16.
  8. ^ "Carlos Sanguinetti – Presidente – Arte BCU". web.archive.org. 2022-10-06. Retrieved 2023-02-16.
  9. ^ "Armando Malet – Presidente – Arte BCU". web.archive.org. 2022-06-07. Retrieved 2023-02-16.
  10. ^ "Nilo Márquez – Presidente – Arte BCU". web.archive.org. 2022-06-14. Retrieved 2023-02-16.
  11. ^ "Jorge Echeverría Leunda – Presidente – Arte BCU". web.archive.org. 2022-07-05. Retrieved 2023-02-16.
  12. ^ "Juan Pedro Amestoy – Presidente – Arte BCU". web.archive.org. 2022-11-14. Retrieved 2023-02-16.
  13. ^ "Carlos E. Ricci – Presidente – Arte BCU". web.archive.org. 2022-10-06. Retrieved 2023-02-16.
  14. ^ "José Gil Díaz – Presidente – Arte BCU". web.archive.org. 2022-07-05. Retrieved 2023-02-16.
  15. ^ "José María Puppo – Presidente – Arte BCU". web.archive.org. 2022-07-05. Retrieved 2023-02-16.
  16. ^ "Juan Carlos Protasi – Arte BCU". web.archive.org. 2022-07-05. Retrieved 2023-02-16.
  17. ^ a b "Ricardo Pascale – Presidente – Arte BCU". web.archive.org. 2022-10-06. Retrieved 2023-02-16.
  18. ^ "Ramón Díaz – Presidente – Arte BCU". web.archive.org. 2022-07-16. Retrieved 2023-02-16.
  19. ^ "Enrique Braga – Presidente – Arte BCU". web.archive.org. 2022-10-06. Retrieved 2023-02-16.
  20. ^ "Humberto Capote – Presidente – Arte BCU". web.archive.org. 2022-10-06. Retrieved 2023-02-16.
  21. ^ "César Rodríguez Batlle – Presidente – Arte BCU". web.archive.org. 2022-10-06. Retrieved 2023-02-16.
  22. ^ "Julio De Brun – Presidente – Arte BCU". web.archive.org. 2022-10-06. Retrieved 2023-02-16.
  23. ^ "Walter Cancela – Presidente – Arte BCU". web.archive.org. 2022-10-06. Retrieved 2023-02-16.
  24. ^ a b "Mario Bergara – Presidente – Arte BCU". web.archive.org. 2022-07-16. Retrieved 2023-02-16.
  25. ^ a b "Alberto Graña – Presidente – Arte BCU". web.archive.org. 2022-10-06. Retrieved 2023-02-16.
  26. ^ "Páginas - El economista Diego Labat asumió como presidente del BCU". web.archive.org. 2021-01-20. Retrieved 2023-02-16.

External links

  • (in Spanish and English) Official website

Coordinates: 34°54′12″S 56°12′00″W / 34.9032°S 56.2°W / -34.9032; -56.2

   

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February 25, 2023
central, bank, uruguay, spanish, banco, central, uruguay, central, bank, uruguay, banco, central, uruguayheadquartersmontevideoestablishedjuly, 1967, 1967, july, ownership100, state, ownership, presidentdiego, labatcentral, bank, ofuruguaycurrencyuruguayan, pe. The Central Bank of Uruguay Spanish Banco Central del Uruguay BCU is the central bank of the Uruguay Central Bank of UruguayBanco Central del UruguayHeadquartersMontevideoEstablishedJuly 6 1967 1967 July 06 Ownership100 state ownership 1 PresidentDiego LabatCentral bank ofUruguayCurrencyUruguayan pesoUYU ISO 4217 Reserves15 160 million USD 1 Websitewww wbr bcu wbr gub wbr uy Contents 1 History 2 Functions 3 List of presidents 4 See also 5 References 6 External linksHistory EditThe Central Bank of Uruguay was established on July 6 1967 as an autonomous state entity Spanish Ente Autonomo with the passing of the 196th article of the Constitution of 1967 2 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 Republica Oriental del Uruguay 3 On March 30 1995 a bank charter was passed Law 16 696 which expanded the BCUs responsibilities and set out the management structure as well as the functions and responsibilities of the bank 4 The headquarters of the Central Bank in Ciudad Vieja Montevideo houses the Numismatic museum in which both Uruguayan coins and banknotes from the Banco de la Republica and the Central Bank as well as foreign ones are exhibited 5 Functions EditAccording to the 7th article of the BCUs Charter its responsibilities are 6 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 Uruguayan government at international financial organisations Regulate and supervise all financial institutionsList of presidents EditList of the presidents of Central Bank of Uruguay Name Term of office Tenure length NotesStart of term End of term1 Enrique V Iglesias May 16 1967 January 9 1969 1 year 238 days 7 2 Carlos Sanguinetti January 10 1969 October 27 1970 1 year 290 days 8 3 Armando Malet October 27 1970 November 21 1970 25 days 9 4 Nilo Marquez December 14 1970 August 12 1971 241 days 10 5 Jorge Echeverria August 12 1971 March 1 1972 201 days 11 6 Juan Pedro Amestoy March 1 1972 June 4 1973 1 year 95 days 12 7 Carlos Ricchi June 4 1973 December 23 1974 1 year 202 days 13 8 Jose Gil Diaz December 23 1974 July 5 1982 7 years 194 days 14 9 Jose Maria Puppo July 5 1982 February 24 1984 1 year 234 days 15 10 Juan Carlos Protasi February 24 1984 April 15 1985 1 year 50 days 16 11 Ricardo Pascale April 16 1985 April 9 1990 4 years 358 days 17 12 Ramon Diaz April 9 1990 October 18 1993 3 years 192 days 18 13 Enrique Braga October 18 1993 April 7 1995 1 year 171 days 19 14 Ricardo Pascale April 7 1995 April 18 1996 1 year 11 days 17 15 Humberto Capote April 18 1996 April 12 2000 3 years 360 days 20 16 Cesar Rodriguez Batlle April 13 2000 July 24 2002 2 years 102 days 21 17 Julio de Brun July 25 2002 March 10 2005 2 years 228 days 22 18 Walter Cancela March 10 2005 October 24 2008 3 years 228 days 23 19 Mario Bergara November 11 2008 December 26 2013 5 years 45 days 24 20 Alberto Grana January 10 2014 April 20 2015 1 year 100 days 25 21 Mario Bergara April 20 2015 October 11 2018 3 years 173 days 24 22 Alberto Grana October 11 2018 March 4 2020 1 year 145 days 25 23 Diego Labat March 20 2020 Incumbent 2 years 339 days 26 See also Edit Uruguay portal Banks portalBolsa de Valores de Montevideo Economy of Uruguay Uruguayan peso Payment system Real time gross settlementReferences Edit a b Weidner Jan 2017 The Organisation and Structure of Central Banks PDF Katalog der Deutschen Nationalbibliothek Paginas 45 anos del Banco Central del Uruguay www bcu gub uy Retrieved 2023 02 16 Creacion del banco BROU web archive org 2021 04 21 Retrieved 2023 02 16 Ley N 16696 web archive org 2022 05 28 Retrieved 2023 02 16 Museo Numismatico web archive org 2022 07 02 Retrieved 2023 02 16 Charter of the Central Bank of Uruguay PDF Enrique Iglesias Presidente Arte BCU web archive org 2022 06 07 Retrieved 2023 02 16 Carlos Sanguinetti Presidente Arte BCU web archive org 2022 10 06 Retrieved 2023 02 16 Armando Malet Presidente Arte BCU web archive org 2022 06 07 Retrieved 2023 02 16 Nilo Marquez Presidente Arte BCU web archive org 2022 06 14 Retrieved 2023 02 16 Jorge Echeverria Leunda Presidente Arte BCU web archive org 2022 07 05 Retrieved 2023 02 16 Juan Pedro Amestoy Presidente Arte BCU web archive org 2022 11 14 Retrieved 2023 02 16 Carlos E Ricci Presidente Arte BCU web archive org 2022 10 06 Retrieved 2023 02 16 Jose Gil Diaz Presidente Arte BCU web archive org 2022 07 05 Retrieved 2023 02 16 Jose Maria Puppo Presidente Arte BCU web archive org 2022 07 05 Retrieved 2023 02 16 Juan Carlos Protasi Arte BCU web archive org 2022 07 05 Retrieved 2023 02 16 a b Ricardo Pascale Presidente Arte BCU web archive org 2022 10 06 Retrieved 2023 02 16 Ramon Diaz Presidente Arte BCU web archive org 2022 07 16 Retrieved 2023 02 16 Enrique Braga Presidente Arte BCU web archive org 2022 10 06 Retrieved 2023 02 16 Humberto Capote Presidente Arte BCU web archive org 2022 10 06 Retrieved 2023 02 16 Cesar Rodriguez Batlle Presidente Arte BCU web archive org 2022 10 06 Retrieved 2023 02 16 Julio De Brun Presidente Arte BCU web archive org 2022 10 06 Retrieved 2023 02 16 Walter Cancela Presidente Arte BCU web archive org 2022 10 06 Retrieved 2023 02 16 a b Mario Bergara Presidente Arte BCU web archive org 2022 07 16 Retrieved 2023 02 16 a b Alberto Grana Presidente Arte BCU web archive org 2022 10 06 Retrieved 2023 02 16 Paginas El economista Diego Labat asumio como presidente del BCU web archive org 2021 01 20 Retrieved 2023 02 16 External links Edit in Spanish and English Official website Coordinates 34 54 12 S 56 12 00 W 34 9032 S 56 2 W 34 9032 56 2 This bank and insurance related article is a stub You can help Wikipedia by expanding it vte This article about a Uruguayan company is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Central Bank of Uruguay amp oldid 1139729484, wikipedia, wiki, book, books, library,

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