NBRM

According to the law on the National Bank of the Republic of Macedonia, the National Bank shall perform the following functions: - establish and conduct the monetary policy; - regulate the liquidity in the international payments; - establish and conduct the Denar exchange rate policy; - handle and manage the 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 license 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 license to foreign exchange bureaus and supervise their operations in accordance with a law; - issue banknotes and coins; - perform activities for the account of the central government and the government administration bodies.