The Central Bank of Mauritania was established on May 1, 1973, also known as BCM B anque C entral de M auritanie
The bank issues the Mauritania ouguiya currency, monitors local banks and banks, manages foreign exchange reserves and participates in determining monetary policy.
In addition to its primary role of stabilizing prices, the Central Bank of Mauritania has the following roles:
1. Performance and implementation of new economic policies in general
Identify and implement the economic policies of the Islamic Republic of Mauritania
Participate in determining the exchange policy and ensure its implementation
Regulating and monitoring the exchange market
2. Issuance of securities
Manage the country's foreign exchange reserves
Identify and manage official foreign reserves
3- Implementation of payment systems and methods
Strengthening the stability, security and efficiency of the payment system in Mauritania
Stability of the financial system
Perform any other duties entrusted to him by legal regulations or any other law entrusted to him
Monitor and regulate banks and other financial institutions in accordance with the laws
issued in this regard.
Contribute to the stability of Mauritania's financial system