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Glossary of economic terms
Money plays a fundamental role in the proper functioning of any economy. To safeguard this role, the monetary policy of the Central Bank of Chile must protect the value of the national currency, the peso, aiming at keeping inflation stable and low.
The Central Bank of Chile structures its monetary policy employing a conceptual framework of inflation targets, which is complemented by a floating exchange rate regime. This entails the commitment to use the appropriate instruments to ensure that annual CPI inflation remains most of the time around 3%, with a tolerance range of plus/minus one percentage point.
This commitment directs the expectations of economic agents and transforms the center of the goal into the nominal anchor of the economy.
Among its duties, the Central Bank has to publish the main national macroeconomic statistics in a timely manner, including those related to currency, exchange, balance of payments and national accounts, as well as other global economic and social accounting systems. The statistics processed by the Bank are published on a daily, weekly, quarterly or annual basis, and include the elaboration of National Accounts, Balance of Payments, indexed units of account such as the UF, the exchange market, interest rates, monetary aggregates, international reserves, trade balance, securities markets and external debt, among others. The Bank’s research and studies on statistical subjects follow the highest international standards.
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/ Press/ Notice
Programa operaciones especiales, semana 26 al 30 de julio de 2021
23 July 2021
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/ Press/ Press releases
Banco Central de Chile define lineamientos para reuniones con actores del mercado
23 July 2021
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Informe Mensual Estadísticas del Mercado de Derivados y Spot junio 2021
23 July 2021
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992. Modifica Capítulo I, Anexo N°5 del Manual de Procedimientos y Formularios de Información del Compendio de Normas de Cambios Internacionales
21 July 2021
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