National Bank of the Republic of North Macedonia

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National Bank of the Republic of North Macedonia
Headquarters
Headquarters
Headquarters Skopje , North Macedonia
founding 1919
country North Macedonia
currency

North Macedonian Denarius

ISO 4217 MKD
Currency reserves US $ 3.3 billion (November 2019)
Website

www.nbrm.mk

List of central banks

The National Bank of the Republic of North Macedonia ( Macedonian : Народна банка на Република Северна Македонија, Romanized: Narodna Banka na Republika Severna Macedonia, NBRSM) is the central bank of North Macedonia . Its seat is in the capital of the country Skopje . Before the name change in 2019, the National Bank of the Republic of North Macedonia was known as the National Bank of the Republic of Macedonia.

Functions

The NBRNM performs the following functions:

  • Establish and operate monetary policy;
  • ensure liquidity in international payment transactions;
  • to spend and direct the denarius;
  • Manage foreign exchange reserves;
  • regulate the payment system;
  • Granting of establishment and operating permits for banks or savings banks as well as supervision of banks and savings banks;
  • Issue licenses for money transfers in accordance with legal requirements;
  • Issuing operating permits to exchange offices and monitoring their activities in accordance with the statutory provisions;
  • Issuing of banknotes and coins;
  • Representation of the country in international institutions;
  • Carry out activities on behalf of the central government and government agencies.

See also

Individual evidence

  1. ^ North Macedonia Foreign Exchange Reserves . ceic.com. Accessed January 10, 2020 (English)
  2. ↑ English - Objectives and tasks. Retrieved January 10, 2020 .