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Chile’s Central Bank president says extent of capital outflows is comparable to 2009 financial crisis

RIO DE JANEIRO, BRAZIL - Despite the recovery of the economy in 2021, risks remain, according to the president of Chile's Central Bank, Mario Marcel, who explained the Financial Stability Report (FSR) for the second quarter at a press conference this afternoon.

"We now have different risks, some more important than others, we have greater vulnerabilities and fewer remedies, and the core of these changes is in the capital market, contrary to what we have seen in other reports that have focused more on the banking system," warned Marcel.

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