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Central bank of Mauritania, in northwest Africa From Wikipedia, the free encyclopedia
The Central Bank of Mauritania (French: Banque centrale de Mauritanie, BCM; Arabic: البنك المركزي الموريتاني) is the central bank of Mauritania, in northwest Africa. The bank is located in the capital Nouakchott, just south of the Presidential Palace. Its current Governor is Mohamed Lemine Ould Dhehby.[2]
Headquarters | Nouakchott |
---|---|
Established | 1973 |
Ownership | 100% state ownership[1] |
Governor | Mohamed Lemine Ould Dhehby |
Key people | Boumedienne Ould Taya (Deputy-Governor) |
Central bank of | Mauritania |
Currency | Mauritanian ouguiya MRU (ISO 4217) |
Reserves | $1,710 billion |
Website | https://www.bcm.mr/ |
The bank was created by acts of the legislature of Mauritania, in 1973, 1974 and 1975.[3] It was established by President Moktar Ould Daddah after he withdrew Mauritania from the French-dominated monetary consortium, the Communauté Financière Africaine.[4]
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