Central Bank of Luxembourg

The Central Bank of Luxembourg (Luxembourgish: Zentralbank vu Lëtzebuerg; French: Banque centrale du Luxembourg, BCL; German: Luxemburger Zentralbank) is the member of the Eurosystem for Luxembourg and was founded for that purpose in 1998, succeeding the Institut Monétaire Luxembourgeois.

Central Bank of Luxembourg
Banque centrale du Luxembourg (in French)
HeadquartersBoulevard Royal, Luxembourg City
Established1 June 1998[1]
Ownership100% state ownership[2]
GovernorGaston Reinesch
Central bank ofLuxembourg
Reserves190 million USD[2]
Preceded byInstitut Monétaire Luxembourgeois (IML)
Succeeded byEuropean Central Bank (1999)1
Websitewww.bcl.lu
1 The Central Bank of Luxembourg still exists but many functions have been taken over by the ECB.

Governors

  • Pierre Jaans (Director General of IML 1983–1998)
  • Raymond Kirsch (President of IML 1985–1998)[3]
  • Yves Mersch (1998–2013)[4]
  • Gaston Reinesch (since 2013)[5]

See also

References

  • Ernest Mühlen, Monnaie et circuits financiers au Grand-Duché de Luxembourg, Université Internationale de Sciences Comparées, Luxembourg, 1968.
  • Roger Croisé, René Link, La législation monétaire au Grand-Duché de Luxembourg de 1815 à nos jours, Edition Lux-Numis, Luxembourg,1988, 639 p.


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