Royal Monetary Authority of Bhutan

Royal Monetary AuthorityCentral Bank of BhutanRoyal Monetary Authority Act
The Royal Monetary Authority of Bhutan is the central bank of Bhutan and is a member of the Asian Clearing Union.wikipedia
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Asian Clearing Union

The Royal Monetary Authority of Bhutan is the central bank of Bhutan and is a member of the Asian Clearing Union.

Politics of Bhutan

Government of BhutanRoyal Government of Bhutangovernment
The Constitution of 2008 specifically authorizes the government to manage public finance and the monetary system, affirming previous law.
There are many independent commissions, agencies, and institutions that operate outside this general framework, such as the Royal Monetary Authority and Election Commission.

Constitution of Bhutan

ConstitutionConstitution of 20082008 Constitution
The Constitution of 2008 specifically authorizes the government to manage public finance and the monetary system, affirming previous law.
The King appoints the Attorney General of Bhutan, the Chairperson of the Pay Commission, the Governor of the Central Bank of Bhutan, the Cabinet Secretary, and Bhutanese ambassadors and consuls on the recommendation of the Prime Minister.

Bhutanese legislation

legislationlegal codeslegislated
The Royal Monetary Authority Act of 2010, the latest legislation on the Royal Monetary Authority, streamlined the codification of its functions.

Bhutanese ngultrum

NgultrumNuNu.
It is also the minting authority for the Bhutanese Ngultrum.
The Royal Monetary Authority of Bhutan is the minting authority of the Ngultrum banknotes and coins.

Central bank

central bankscentral bankingcentral banking system
The Royal Monetary Authority of Bhutan is the central bank of Bhutan and is a member of the Asian Clearing Union.

Bhutan

Kingdom of BhutanBhutaneseBootan
The Royal Monetary Authority of Bhutan is the central bank of Bhutan and is a member of the Asian Clearing Union.

Mint (facility)

mintmintedmints
It is also the minting authority for the Bhutanese Ngultrum.

Law enforcement in Bhutan

law and orderPenal Codelaw enforcement
The Act of 2010 also codifies the role of the Authority in currency, exchanges, official practices, and defines related penal offenses.

Financial inclusion

banking services for disadvantagedeconomic inclusioninclusive finance
The Royal Monetary Authority of Bhutan is also active in promoting financial inclusion policy and a member of the Alliance for Financial Inclusion.

Governor

gubernatorialgovernorsMilitary Governor

Banking in Bhutan

Since its establishment in 1982, the Royal Monetary Authority of Bhutan, headquartered in Thimphu, has served as the central bank of Bhutan.

Qnet

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Royal Monetary Authority of Bhutan asserted that GoldQuest was a pyramid scheme.

RuPay

Indian RupayRupay ContactlessRupay Debit card
Reserve Bank of India (RBI) and Royal Monetary Authority of Bhutan (RMA) announced that they would integrate the financial switches of the two countries in order to simplify cross border transactions.