Royal Monetary Authority of Bhutan

The Royal Monetary Authority (RMA) is the central bank of Bhutan, tasked with shaping the country’s monetary policy and overseeing the integrity of its financial system. Charged with the issuance of the national currency and the management of foreign exchange reserves, the RMA plays a fundamental role in maintaining price stability and steering economic growth amid global and domestic challenges. It continually refines its monetary strategies to balance fiscal discipline with developmental priorities, ensuring that economic policies promote sustainable growth and financial resilience. The RMA has implemented a series of regulatory reforms aimed at modernizing banking practices, strengthening risk management frameworks, and integrating innovative digital solutions into its payment systems. These measures help enhance transparency, improve operational efficiency, and safeguard against market volatility. The institution actively collaborates with international financial organizations and embraces global best practices to meet evolving standards of governance and accountability. In addition to its core monetary functions, the RMA places significant emphasis on promoting financial inclusion and extending banking services to underrepresented segments of the population. By investing in infrastructure, capacity building, and digital transformation initiatives, the authority works to ensure that Bhutan’s financial sector remains robust and adaptable. Overall, the Royal Monetary Authority is committed to fostering a secure, dynamic monetary environment that supports both short-term stability and long-term economic prosperity in Bhutan.