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National Bank of North Macedonia

Coordinates: 41°59′37″N 21°26′33″E / 41.99361°N 21.44250°E / 41.99361; 21.44250
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National Bank of North Macedonia
Народна Банка на Република Македонија
Logo
Logo
Headquarters
Headquarters
HeadquartersSkopje
Established1991
ChairmanDimitar Bogov
Central bank ofRepublic of Macedonia
CurrencyMacedonian denar
MKD (ISO 4217)
Bank rate3.50%
Websitehttp://www.nbrm.mk

The National Bank of the Republic of Macedonia (Template:Lang-mk) is the central bank of Macedonia, located in the capital city, Skopje.

The current Governor of the NBRM is Dimitar Bogov, since May 21, 2011.

Functions

The NBRM performs the following functions:

  • establish and conduct monetary policy;
  • regulate liquidity in the international payments;
  • establish and conduct the Denar;
  • handle and manage foreign exchange reserves;
  • regulate the payment system;
  • grant founding and operating license to a bank and a savings house and supervise the banks and savings houses;
  • grant a licence for performing services of prompt money transfer and supervise the operations of the entities performing services of prompt money transfer in accordance with a law;
  • grant operating licenses to foreign exchange bureaus and supervise their operations in accordance with the law;
  • issue banknotes and coins;
  • perform activities for the account of the central government and the government administration bodies.

See also

41°59′37″N 21°26′33″E / 41.99361°N 21.44250°E / 41.99361; 21.44250