Markets Magazine
Central Bank of Chile’s Rosanna Costa: ‘I’m the Person of Crises’
As head of the finance ministry’s budget office, she contended with the aftermath of a devastating earthquake. Now, the first female president of the central bank is navigating more challenges.
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Just a few hours after speaking with Bloomberg Markets, Rosanna Costa snuffed out a budding currency crisis by announcing the Chilean central bank’s biggest-ever intervention in the peso market.
The only hint of the drama going on in the background was the occasional request from her assistant to check the details on a document. Smiling, polite, the president of the Central Bank of Chile would excuse herself as she popped into an adjoining room. The central bank seemed calm in an increasingly frantic market.