Central Bank of Malaysia

Central Bank of Malaysia
Bank Negara Malaysia (BNM)
بڠک نݢارا مليسيا‎
BNM headquarters in Kuala Lumpur
BNM headquarters in Kuala Lumpur
HeadquartersJalan Dato Onn, Kuala Lumpur, Malaysia
Coordinates3°09′12″N 101°41′35″E / 3.1534°N 101.6931°E / 3.1534; 101.6931
Established26 January 1959; 65 years ago (1959-01-26)
OwnershipGovernment of Malaysia
GovernorDato' Shaik Abdul Rasheed Abdul Ghaffour[1]
Central bank ofMalaysia
CurrencyMalaysian ringgit
MYR (ISO 4217)
ReservesIncrease US$119.7 billion[2]
Bank rate3.00%[3]
Websitewww.bnm.gov.my Edit this at Wikidata

The Central Bank of Malaysia (BNM; Malay: Bank Negara Malaysia; Jawi: بڠک نݢارا مليسيا‎) 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]

The Bank is the only institution permitted to issue the Malaysian ringgit into circulation.

  1. ^ "Governors". Bank Negara Malaysia. Retrieved 1 April 2024.
  2. ^ "International Reserves of Bank Negara Malaysia as at 30 September 2024". bnm.gov.my. Retrieved 22 October 2024.
  3. ^ "Monetary Policy Statement". www.bnm.gov.my/.
  4. ^ "Introduction - Bank Negara Malaysia". www.bnm.gov.my. Retrieved 12 May 2022.