Central Bank of Malaysia
Central Bank of Malaysia / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Central Bank of Malaysia?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
The Central Bank of Malaysia (BNM; Malay: Bank Negara Malaysia) is the Malaysian central bank. Established on 26 January 1959 as the Central Bank of Malaya (Bank Negara Tanah Melayu), its main purpose is to issue currency, act as the banker and advisor to the government of Malaysia, and to regulate the country's financial institutions, credit system and monetary policy. Its headquarters is located in Kuala Lumpur, the federal capital of Malaysia.[4]
Quick Facts Headquarters, Coordinates ...
Headquarters | Jalan Dato Onn, Kuala Lumpur, Malaysia |
---|---|
Coordinates | 3.1534°N 101.6931°E / 3.1534; 101.6931 |
Established | 11 August 1993; 30 years ago (1993-08-11) |
Ownership | Government of Malaysia |
Governor | Dato' Shaik Abdul Rasheed Abdul Ghaffour[1] |
Central bank of | Malaysia |
Currency | Malaysian ringgit MYR (ISO 4217) |
Reserves | USD 111.4 billion[2] |
Bank rate | 3.00%[3] |
Website | www |
Close
The Bank is the only institution permitted to issue the Malaysian ringgit into circulation.