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
Read more about this topic: Central Bank Of Uruguay