Constitución en Inglés

273 Corte Constitucional de Colombia Chapter VI Central Bank T he Bank of the Republic shall exercise the functions of a central bank. It shall be organized as a legal public entity with administrative, patrimonial, and technical autonomy, subject to its own legal regime. The following shall be the basic functions of the Bank of the Republic: to regulate currency, international exchanges, and credit; to issue legal tender; to administer international reserves; to be the lender of last resort and banker of the credit institutions; and to serve as the government’s fiscal agent. All these functions shall be exercised in coordination with the general economic policy. The Bank shall give a report to Congress on the execution of the policies for which it is responsible and on other matters requested from it. The executive board of the Bank of the Republic shall be the monetary, exchange, and credit authority, in accordance with the functions assigned to it by law. It shall be responsible for managing and executing the functions of the Bank and shall be made up of seven members, among them the Minister of Finance, who shall chair it. The director of the Bank shall be elected by the executive board ARTICLE 371 ARTICLE 372