Central Bank of Malaysia

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 regulate the country's financial institutions, credit system, and monetary policy. Its headquarters is located in Kuala Lumpur. The central bank is the only institution permitted to issue the Malaysian ringgit into circulation.