National Bank of the Republic of North Macedonia

National Bank of the Republic of North Macedonia is North Macedonia's central bank. It sets monetary policy, issues the MKD, and supports financial system stability.

It oversees payment systems, manages foreign reserves, and acts as lender of last resort to the banking system.

Related Terms

Central Bank

A central bank is a country's monetary authority responsible for issuing currency, setting monetary ...

MKD

Macedonian Denar

MKD is the official currency of North Macedonia. It is issued by the National Bank of the Republic o...

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