page_title: Central Reserve Bank of Peru
section_title: Presidents
hierarchical_section_title: Central Reserve Bank of Peru / Presidents
caption_attribution_description: El Vicecanciller, Embajador José Antonio Meier, participó junto al Presidente del Banco Central de Reserva del Perú, Julio Velarde, en un evento organizado por el Centro de Desarrollo de la OCDE en que se difundió el informe “Perspectivas Económicas de América Latina 2012: Transformación del Estado para el Desarrollo”, que contiene un importante diagnóstico de la realidad política y socio-económica de la región latinoamericana y plantea una reflexión sobre el rol que el Estado debe asumir para hacer posible el desarrollo de nuestros países. (Foto: Banco Central de Reserva del Perú)
context_page_description: The Central Reserve Bank of Peru is the Peruvian central bank. It mints and issues metal and paper money, the sol.
  Its branch in Arequipa was established in 1871, and it served the city by issuing money as well as maintaining a good reputation for savings accounts in Southern Peru. It is the equivalent of the Federal Reserve of the United States or the European Central Bank in Europe.
  The Constitution states that the purpose of the Central Reserve Bank is to preserve monetary stability. The Central Reserve Bank's target annual inflation is 2.0 percent, with a tolerance of one percentage point upward and downward; its policies are aimed at achieving that goal.
  The Constitution also assigns the following functions to the Central Reserve Bank: regulating currency and credit of the financial system, administering the international reserves in its care, issuing banknotes and coins, reporting regularly to the country on national finances, and managing the profitability of funds.
context_section_description: Eulogio Romero Salcedo, 1922-1925
  Agustín de la Torre González, 1926-1927
  Eulogio Romero Salcedo, 1928-1929
  Enrique Ferreyros, 1930-1931
  Manuel Augusto Olaechea, 1931-1934
  Manuel Prado Ugarteche, 1934-1939
  Fernando Gazzani, 1939-1945
  Francisco Tudela y Varela, 1945-1948
  Pedro Beltrán Espantoso, 1948-1950
  Clemente de Althaus Dartnell, 1950-1952
  Daniel Olaechea, 1952
  Andrés F. Dasso, 1952-1958
  Enrique Bellido, 1959-1964
  Alfredo C. Ferreyros, 1964-1966
  Fernando Schwalb, 1966-1968
  José Morales Urresti, 1968
  Carlos Vidal, 1968
  Alfredo Rodríguez Martínez, 1968-1969
  Emilio G. Barreto, 1969-1975
  Carlos Santisteban de Noriega, 1975-1977
  Germán de la Melena Guzmán, 1977-1978
  Manuel Moreyra Loredo, 1978-1980
  Richard Webb Duarte, 1980-1985
  Leonel Figueroa Ramírez, 1985-1987
  Pedro Coronado Labó, 1987-1990
  Jorge Chávez Álvarez, 1990-1992
  Germán Suárez Chávez, 1992-2001
  Richard Webb Duarte, 2001-2003
  Javier Silva Ruete, 2003-2004
  Óscar Dancourt Masías, 2004-2006
  Julio Velarde Flores, 2006-
  Source:
caption: Current president, Julio Velarde Flores
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