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Central Bank of Chile
The Central Bank of Chile announced a major foreign exchange intervention programme on November 28, aiming to stem the fall of the Chilean peso following weeks of social unrest.

The central bank’s board decided to support the currency by selling $20 billion from December 2 this year to May 29, 2020, it announced on November 28. This is its first market intervention since 2011, and the largest since 1999, when it adopted the current inflation targeting regime and a flexible exchange rate.


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currensceneFLOGO WHTsquareThough not the oldest form of currency, some form of shell money appears to have been found on almost every continent. The shell most widely used worldwide as currency was the shell of Cypraea moneta, the money cowry.

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