Foreign exchange management:

Promotion of monetary stability: The Central Bank controls money supply in the economy to promote price stability. This involves the use of instruments of monetary policy such as open market operations (OMO), reserve requirements, discount rate, etc.

Foreign exchange management: To ensure that foreign exchange disbursement and allocation are consistent with economic priorities, the Central Bank acquires, allocates and monitors the use of scarce foreign exchange resources as well as maintains the country's foreign exchange reserves.

Supervision of finance houses: In every modern economy, the Central Bank is backed by law to monitor and supervise the activities and practices of financial houses in order to promote effective execution of monetary policy.