National Bank of Gandhara: Difference between revisions
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{|class=infobox width=250px | {|class=infobox width=250px | ||
|+ colspan=2 align=center | | |+ colspan=2 align=center | National Bank of Gandhara | ||
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| colspan=2 align=center | <center>[[File: | | colspan=2 align=center | <center>[[File:National Bank of Gandhara headquarters.png|250px]]<br>Headquarters</center> | ||
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| '''Headquarters''' || [[Rhea]], [[Gandhara]] | | '''Headquarters''' || [[Rhea]], [[Gandhara]] | ||
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The ''' | The '''National Bank of Gandhara''' is the [[Wikipedia:Central bank|central bank]] and monetary authority of [[Gandhara]]. It is a wholly [[Wikipedia:State ownership|government owned]] bank, headquartered in [[Rhea]]. | ||
The role of the bank is to promote the economic and financial well-being of Gandhara. The bank is responsible for the issue of the national currency and as such it sets the [[Wikipedia:Monetary policy|monetary policy]], holds the [[Wikipedia:Currency reserves|currency reserves]], and manages the [[Wikipedia:Exchange rate|exchange rate]]. | The role of the bank is to promote the economic and financial well-being of Gandhara. The bank is responsible for the issue of the national currency and as such it sets the [[Wikipedia:Monetary policy|monetary policy]], holds the [[Wikipedia:Currency reserves|currency reserves]], and manages the [[Wikipedia:Exchange rate|exchange rate]]. | ||
==Responsibilities== | ==Responsibilities== | ||
The main tasks of the | The main tasks of the National Bank of Gandhara are the following: | ||
* to act as a State Bank; | * to act as a State Bank; | ||
Latest revision as of 20:02, 7 May 2024
 Headquarters | |
| Headquarters | Rhea, Gandhara |
| Established | 10 September 1939 |
| Governor | Patman Haidary |
| Central bank of | Gandhara |
| Currency | Gandhari mohar GAM (ISO 4217) |
| Bank rate | 4.60% |
The National Bank of Gandhara is the central bank and monetary authority of Gandhara. It is a wholly government owned bank, headquartered in Rhea.
The role of the bank is to promote the economic and financial well-being of Gandhara. The bank is responsible for the issue of the national currency and as such it sets the monetary policy, holds the currency reserves, and manages the exchange rate.
Responsibilities
The main tasks of the National Bank of Gandhara are the following:
- to act as a State Bank;
- to promote the economic and financial well-being of Gandhara;
- to control the issue of banknotes and coins of the national currency;
- to manage the monetary policy of the country;
- to regulate the exchange rate between the national currency and other currencies, and to supervise its observance;
- to manage the official reserves of Gandhara.