Central Banks

Central Bank of Bosnia and Herzegovina

The Central Bank of Bosnia and Herzegovina was established by a law passed by the Bosnia and Herzegovina Parliament on June 20, 1997

The Central Bank of Bosnia and Herzegovina was established by a law passed by the Bosnia and Herzegovina Parliament on June 20, 1997. The Central Bank of Bosnia and Herzegovina started operations on August 11, 1997. The main objectives and tasks of the Central Bank are determined by law and the General Peace Agreement on Bosnia and Herzegovina. The Central Bank of Bosnia and Herzegovina issues the national currency Bosnia and Herzegovina Mark according to the arrangement of the Currency Board, with a fixed exchange rate of 1 Bosnia and Herzegovina mark: 051,129 euros, and the free convertible foreign exchange fund is fully guaranteed to maintain currency stability. The Central Bank of Bosnia and Herzegovina determines and controls the execution of monetary policy in Bosnia and Herzegovina. Central banks support and maintain appropriate payment and settlement systems. It also coordinates the activities of physical banking institutions in Bosnia and Herzegovina, which are responsible for banking licenses and supervision.
Bosnia and Herzegovina (Bosnia and Herzegovina), referred to as "Bosnia and Herzegovina", is a European country in the Balkans with its capital Sarajevo. The currency used in Bosnia and Herzegovina is CONVERTIBLE MARK (BAM).
Euro to Bosnia Herzegovina Mark exchange rate: https://cn.investing.com/currencies/eur-bam

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