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Central Bank of Mauritania

  • Street / Area: Independence Avenue
  • City: Nouakchott Mauritania
  • Country: Mauritania
  • Phonenumber: (00222) 25.22.06
  • Email: info@bcm.mr
  • Website: http://www.bcm.mr
  • Financial service details: Banking, Money transfers, Money transports, Others
  • Office in Africa: Mauritania
  • Listed: November 9, 2017 1:30 pm
  • Expires: 353 days, 1 hour
Central Bank of Mauritania

Description

The Central Bank of Mauritania is the central bank of Mauritania, in northwest Africa. The bank is located in the capital Nouakchott, just south of the presidential palace. Its governor is Ould Abdel Aziz Dahi.

Mission
In addition to its core mission of price stability, the BCM’s mission is to:
1. Development and implementation of the new general economic policies:
Define and implement the monetary policy of the Islamic Republic of Mauritania;
Participate in the definition of the exchange rate policy and ensure its implementation;
Organize, monitor and regulate the foreign exchange market;
2. Issue of banknotes and coins:
Issue and manage, on behalf of the State, fiduciary money;
Hold and manage official foreign exchange reserves;
3. Establishment of systems and means of payment:
ยท Promote the stability, security and efficiency of the Mauritanian payment system;
4. Stability of the financial system:
Supervise and regulate banks and other financial institutions in accordance with relevant laws;
Contribute to the stability of the Mauritanian financial system;
5. To act as State Cashier and Financial Officer for the Government;
6. Perform any other task that the regulation would have entrusted to him or any other law would entrust to him.

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Listing ID: 8095a0458403d295

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