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Bank Negara Malaysia (BNM) is Malaysia's central bank. Established in 1959 under the Bank Negara Malaysia Act, it is headquartered in Kuala Lumpur. Its core responsibilities include formulating and implementing monetary policy to maintain price stability, promoting financial stability, and issuing the Malaysian currency, the ringgit.

BNM also oversees the regulation and supervision of banks and other financial institutions, as well as the

BNM is governed by a Governor and a Board, with policy-making and specialized committees such as the

In its monetary policy implementation, BNM uses a policy rate to influence interest rates and credit conditions.

BNM's activities extend to market development, regulation, and oversight of the financial sector, contributing to sustainable

operation
and
security
of
payment
and
settlement
systems,
and
management
of
the
country's
official
foreign
exchange
reserves.
In
addition,
the
central
bank
supports
the
development
of
an
efficient
and
inclusive
financial
system
and
conducts
research
and
statistics
to
monitor
macroeconomic
conditions.
Monetary
Policy
Committee
and
committees
overseeing
financial
stability
and
payments
systems.
The
bank
works
with
the
government,
the
financial
sector,
and
international
organizations
to
address
issues
such
as
financial
inclusion,
anti-money
laundering,
cyber
risk,
and
governance
of
the
financial
system.
It
also
performs
macroprudential
supervision
to
mitigate
systemic
risks
and
to
safeguard
the
stability
of
the
financial
system.
As
Malaysia's
sole
authority
for
currency
issuance,
BNM
is
responsible
for
the
design,
production,
and
distribution
of
banknotes
and
coins
in
conjunction
with
national
authorities.
economic
growth
and
financial
sector
resilience.