Central Bank requests a flexible line of credit of $23.8 billion from IMF

The Central Bank of Chile requested a two-year flexible line of credit (FCL) in the amount of $23.8 billion from the International Monetary Fund (IMF). This is intended to protect economies from potential external shocks by providing broad, upfront access to IMF resources, without ex post conditions. The IMF is currently analysing the request.

Source: Reuters