Professional Documents
Culture Documents
The objectives:
July
2005-BNM abandoned fixed exchange
rate regime in favor of managed floating
exchange rate system.
Financial System
Offshore Mkt
EFFICIENT AND SMOOTH OPERATION OF
NATIONAL PAYMENT AND SETTLEMENT
SYSTEMS
To
promote a good credit culture among
banking institutions, BNM operates the
Central Credit Reference Information
System.
REFERENCE
Gregory J. Millman, Around the World on a
Trillion Dollars a Day, Bantam Press, London
and New York, 1995