Economic news

Chile central bank modifies norms for access, functioning of foreign exchange market

2022.08.31 00:09

Chile central bank modifies norms for access, functioning of foreign exchange market
FILE PHOTO: A security worker guards an entry of the Chilean Central Bank building in downtown Santiago, Chile July 7, 2022. REUTERS/Ivan Alvarado

(Reuters) – Chile’s central bank modified the norms that regulate the access and functioning of the formal foreign exchange market, it said in a statement Tuesday.

The move comes after a public consultation and is “part of the modernization process” of the central bank’s exchange regulation, it said.

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