Exchange Rates
CURRENCY BUY SELL
USD 70.60 72.80
GBP 90.80 93.30
EUR 80.55 82.75
JPY(100) 62.50 64.25
CHF 70.60 72.60
HKD 9.00 9.25
CAD 53.60 55.10
AUD 51.55 53.00
SGD 51.35 52.80
DKK 10.80 11.10
SEK 7.85 8.05
NOK 8.35 8.60
PARTICULARS UNITS RATE
Gold 10 gm 28,856.63
Silver 1 kg 48,195.00
Gyalsay Commemorative Bank Notes Nu.100 Piece(s) 250.00
60th Birthday 5th King Portrait S-Coin Piece(s) 5,000.00
Gold Sertum 5 (39.94 grams) Piece(s) 141,340.00
25th Coronation Cuppro Nickel Coin Piece(s) 500.00
Fifth King Coronation Gold Coin Piece(s) 103,469.00
Policy Rate 6%
CRR 10%
SLR Banks 20%
SLR Non-Banks 10%
MLR 6.30%
Savings Deposit Rates 5% - 5.55%
Term Deposit Rates 3% - 9.5%
News Updates
ANNOUNCEMENT
NOVEMBER 09, 2018

The general public is hereby informed that Mr. Chhimi Dorji bearing CID No. 10811000499, contact No. 17556306 from Paro Dzongkhag

ANNOUNCEMENT OF SELECTION INTERVIEW
OCTOBER 04, 2018

The Royal Monetary Authority of Bhutan (RMA) is pleased to announce the result of selection interview held on 2nd & 3rd October 2018.

PRESS RELEASE ON SURPLUS TRANSFER
OCTOBER 03, 2018

Press release on Transfer of RMA`s Annual Surplus for FY 2017/18 to the Royal Government of Bhutan is available.

ANNOUNCEMENT
SEPTEMBER 28, 2018

The Royal Monetary Authority of Bhutan is pleased to announce the Result of the written Examination held on September 17, 2018.

NOTIFICATION
SEPTEMBER 27, 2018

It has come to RMA`s notice that the Vehicle Dealers in Bhutan are extending credit with interest to the customers who are not able to deposit the equity portion after the RMA has issued restriction on Loan to Value ratio (LTV) on the Financial Institutions.

PUBLIC ANNOUNCEMENT
SEPTEMBER 14, 2018

The Royal Monetary Authority of Bhutan (RMA) would like to inform the general public that the copy of the PSL report for second quarter of 2018 is available.

Announcement for Written Test
SEPTEMBER 11, 2018

The Royal Monetary Authority of Bhutan (RMA) is pleased to inform that the written test for following position are scheduled to be held on September 17, 2018 at Royal Institute of Management (Multipurpose Hall), Simtokha, Thimphu.

RMA launches INR exchange and other services at RMA Mongar Regional Office
SEPTEMBER 02, 2018

RMA is pleased to inform the general public on the introduction of services at the RMA Mongar Regional Office w.e.f. 1st September 2018. The regional office shall provide facilities such as exchange of fresh Ngultrum notes, exchange of Ngultrum to INR, exchange of mutilated/soiled/burnt notes and opportunity to purchase special commemorative notes and coins.

RMA launched the National Financial Inclusion Strategy (NFIS) 2018-2023
AUGUST 30, 2018

The Royal Monetary Authority launched the National Financial Inclusion Strategy (NFIS) 2018-2023 and the National Financial Literacy Strategy(NFIS) 2018-2023 today at the Financial Institutions Training Institute (FITI).

Public Notification
AUGUST 28, 2018

It has come to RMA`s notice that Bhutanese Citizens are being lured to participate in Pyramid/Ponzi Schemes (Crypto-Builder/ Nobel8 Revolution) via social media with promises of large financial returns. The essential features of such schemes is that the investment made by member is used for generating returns for older investors with a large part of the investment remitted to the parent company.

Public Notification-RENEW Microfinance Private Limited
AUGUST 22, 2018

This is to inform the general public that RENEW Microfinance Private limited is officially licensed by Royal Monetary Authority of Bhutan as Deposit-Taking Microfinance Institution with effect from 21st August, 2018. RENEW Microfinance Private Limited is the first Deposit Taking MFI licensed by the RMA. The Institution is established with the following objectives:

VACANCY ANNOUNCEMENT
AUGUST 17, 2018

The Royal Monetary Authority of Bhutan (RMA) is pleased to announce the following vacancies:

Bhutan Care Credit Microfinance Project Launched
AUGUST 14, 2018

Bhutan Care Credit Limited (BCC) is officially registered as a Microloan Institution with the Royal Monetary Authority of Bhutan with effect from 1 st July, 2018. BCC is the fourth Microfinance Institution registered with the RMA. The Institution is established, in accordance with the Vision and Royal Command of His Majesty The King, to provide financial services to sections of populations not covered by existing financial service providers. The institution was officially launched on 9th August

MoU between FIU-India and Department of Financial Intelligence of Bhutan
AUGUST 02, 2018

The Department of Financial Intelligence (DFI), RMA has signed a Memorandum of Understanding (MoU) with Financial Intelligence Unit (FIU) -India concerning cooperation in the exchange of financial intelligence relating to money laundering, associated predicate offences and terrorist financing on 26th July 2018, as the sideline agenda during the 21st Annual Meeting of Asia Pacific Group (APG) in Katmandu, Nepal.

Bhutan receives the CYFI Global Inclusion Award.
JULY 27, 2018

The Authority is deeply honoured to receive the Country Award Plaque for the Child Youth Finance International (CYFI) Regional Winner-Asia & the Pacific and also the Certificate for the Global Finalist-Asia & the Pacific for Global Money Week 2018 held during the 7th Global Inclusion Awards 2018, organized by Child & Youth Finance International, the Argentina's G20 Presidency and Global Partnership for Financial Inclusion (GPFI) with the support of the G20-2020 Saudi Secretariat.

Public Notification
JULY 24, 2018

This is to inform the general public that the RMA Board has approved the Rules and Regulations for Cottage and Small Industries (CSI) Banks in Bhutan during its 139 th Board meeting held on 18 th July, 2018. The main objective of the said rules and regulations is to develop, promote, assist and support the establishment of, expansion or improvement of cottage and small industries in the country by granting credit facilities.

Bhutan receives Country Award for the Asia and Pacific region during the Global
JULY 08, 2018

The RMA is deeply honoured to be globally recognized during the Global Inclusion Awards 2018. The 7th annual Global Inclusion Awards Ceremony was organized by Child & Youth Finance International, the Argentina's G20 Presidency and GPFI with the support of the G20-2020 Saudi Secretariat. It was held as part of the GPFI Forum: "Technological Trends in Digital Financial Inclusion" agenda on 3-4 July at the Ritz-Carlton in Riyadh, Saudi Arabia.

INR Exchange Counter opened at Phuentsholing Immigration Office
JULY 06, 2018

The Royal Monetary Authority of Bhutan(RMA) is pleased to inform the general public about the opening of INR Exchange Counter at the Department of Immigration Office in Phuentsholing with effect from July 06, 2018.

Annoucement
JULY 06, 2018

This is to inform the general public that Central Registry for Secured Transaction (CRST) which was under the Credit Information Bureau of Bhutan Limited, Ground Floor, NPPF Office Complex Building, Chubhachu, Thimphu has been shifted

Notification
JULY 02, 2018

This is to inform the general public that Bhutan Care Credit Limited is officially registered as a Microloan Institution with the Royal Monetary Authority of Bhutan with effect from 1st July, 2018.

Rules and Regulations for Insurance and Reinsurance Companies
JUNE 29, 2018

This is to inform that the Royal Monetary Authority of Bhutan has issued the Rules and Regulations for Insurance and Reinsurance Companies.

Issuance of Corporate Governance Rules and Regulations 2018
JUNE 28, 2018

This is to inform that the Royal Monetary Authority of Bhutan has issued the Corporate Governance Rules and Regulations 2018 (CGRR 2018).

PUBLIC NOTIFICATION
JUNE 12, 2018

Pursuant to circular issued by Reserve Bank of India (RBI) referenced RBI/2015-16/310A.P. (DIR Series) Circular No. 45/2015-16 [(1)/6(R)] dated 4th February 2016

Public Notification
JUNE 12, 2018

This is to inform the general public that a copy of Vehicle Loan Directive 2018 is now available at our website. Click here to view.

Public Notification
MAY 28, 2018

This is to inform the general public that a copy of draft Anti- Money Laundering and Countering of Financing of Terrorism Rules and Regulations 2018 is available for public comments.

Launch of Druk MicroFin an integrated MFI and CSI banking platform
MAY 16, 2018

The Royal Monetary Authority (RMA) is pleased to announce the launch of Druk MicroFin, in collaboration with the Microfinance Institutions (MFIs).

PUBLIC ANNOUNCEMENT
MAY 10, 2018

The Royal Monetary Authority of Bhutan (RMA) would like to inform the general public that the copy of the PSL report for first quarter of 2018 is available

PUBLIC ANNOUNCEMENT
APRIL 16, 2018

This is to inform general public that a copy of revised draft Corporate Governance Rules and Regulations 2018 is available for public comments.

ANNOUNCEMENT
MARCH 26, 2018

The Royal Monetary Authority of Bhutan is pleased to inform the general public that the first registered person eligible to carry out the private money lending business as per the provisions of Private Money Lending Rules and Regulations,2016

Notification
MARCH 12, 2018

The Royal Monetary Authority of Bhutan (RMA) would like to inform the general public that the National Assembly in its 10th session, has enacted the Anti Money Laundering/Countering of Financing of Terrorism Act 2018 making the legal framework in criminalizing the offences and empowering the authorities concerned, to enable them to exercise power and functions efficiently for Anti-Money Laundering and Countering the Financing of Terrorism.

Public Notification
MARCH 07, 2018

The Royal Monetary Authority of Bhutan would like to inform general public that a copy of Rules and Regulations on Licensing of Insurance Companies is available for public comments

Press Release on MLR Revision for December 2017
MARCH 01, 2018

The Press Release on MLR Revision for December 2017 is available at the following link.

Public Announcement
MARCH 01, 2018

This is to inform general public that a copy of draft Penalty Rules and Regulations 2018 is available for public comments.

Public Announcement
MARCH 01, 2018

This is to inform general public that a copy of draft Penalty Rules and Regulations 2018 is available for public comments. Please send your comments, if any to frsd@rma.org.bt latest by the 1st April 2018.

Press Release
FEBRUARY 20, 2018

The Financial Intelligence Unit- Royal Monetary Authority has entered into a Memorandum of Understanding (MoU) on 20th February 2018 with Royal Bhutan Police and Civil Society Organizations Authority for cooperation in the exchange of information relating to financial intelligence on money laundering associated predicate offences and terrorist financing.

His Majesty The King awards Druk Thuksey medal to the Governor
DECEMBER 18, 2017

The Royal Monetary Authority of Bhutan is humbled and inspired by the recognition bestowed on our Governor, Dasho Penjore by His Majesty the Druk Gyalpo.

Launch of Priority Sector Lending (PSL) Guidelines
DECEMBER 13, 2017

The Royal Monetary Authority of Bhutan launched the Priority Sector Lending (PSL) Guidelines today at the Simtokha Dzong with a day long prayer ceremony led by the Venerable Tshugla Lopen.

Public Notification
DECEMBER 13, 2017

This is to inform general public that a copy of draft Payment Settlement Systems Rules and Regulations for regulating and supervising Payment & Settlement Systems and Payment Service Providers in Bhutan is available for public comments

Financial Literacy Program in the Sarpang Dzongkhag
NOVEMBER 05, 2017

Sarpang Dzongkhag welcomed Honorable Governor and team, accompanied by all Financial Institutions and service providers for the continued nationwide Financial Literacy Roadshow.

Closing ceremony of Capacity Building Training of Priority Sector Lending
NOVEMBER 04, 2017

The 19 days long `Capacity Building Training of Trainers Program on Priority Sector Lending` in the Financial Institutions Training Institute, Thimphu ended on 4th November, 2017...

Memorandum of Understanding between FIU Myanmar and FIU Bhutan.
OCTOBER 31, 2017

The Financial Intelligence Unit of Bhutan has entered into a Memorandum of Understanding (MoU) with Myanmar Financial Intelligence Unit concerning cooperation in the exchange of financial intelligence....

Press Release
OCTOBER 31, 2017

The Royal Monetary Authority (RMA) of Bhutan is pleased to announce the launch of the hotline service w.e.f. 26th October 2017.

Launch of Foreign Currency Account Facility in Middle East
OCTOBER 23, 2017

The Royal Monetary Authority of Bhutan in collaboration with the Ministry of Finance and the Banks (BoB, BNBL, DPNBL and T Bank) launched the RemitBhutan in the Middle East.

Notification
OCTOBER 05, 2017

The Board of the Royal Monetary Authority of Bhutan approved the e-Money Issuer Rules and Regulations during its 130th Board Meeting held on September 29, 2017

Press Release
AUGUST 09, 2017

In line with the RMA Circular referenced RMA/RSD/293 dated 21July 2016 and updated on 8 August 2016 on Minimum Lending Rate (MLR)

Public Notification
AUGUST 03, 2017

The RMA would like to once more inform the general public that, the Indian Rupee denomination of INR 500 and INR 2000 is not permitted in exchange in Bhutan.

Press Release
JULY 31, 2017

The Financial Intelligence Unit of Bhutan has entered into a Memorandum of Understanding (MoU) with Sri Lanka Financial Intelligence Unit and the Cambodia Financial Intelligence Unit concerning cooperation in the exchange of financial intelligence relating to money laundering, associated predicate offences and terrorist financing on 16 and 19th July 2017 respectively in Colombo, Sri Lanka.

Signing of MoU on Money Laundering and Terrorist Financing
JULY 11, 2017

The Financial Intelligence Unit- RMA has entered into a Memorandum of Understanding (MoU) with Bhutan Narcotic Control Authority (BNCA) concerning cooperation in the exchange of financial intelligence relating to money laundering, associated predicate offences and terrorist financing on 7th July, 2017.

Launch of Wi-Fi POS at Fuel Stations
JUNE 15, 2017

The Royal Monetary Authority is pleased to inform the general public that the Authority, in collaboration with the commercial banks and the Department of Trade, Ministry of Economic Affairs (MoEA), has launched the Internet-based Point of Sales (PoS) service at fuel stations, with the service being first introduced in fuel stations in Thimphu. The service will be gradually rolled out in other fuel stations across the country.

BEFIT Press Release
MAY 23, 2017

The Bhutan Economic Forum for Innovative Transformation (BEFIT) was inspired by His Majesty`s vision that our recent example in ensuring a successful democratic transition must be accompanied by successful economic transformation based on the foundations of a just, equal and harmonious society.

RemitBhutan - Celebrating the achievement of USD 1 million target
MAY 16, 2017

Today, 16 May 2017, 8 months after introducing RemitBhutan for the non-resident Bhutanese abroad to remit their savings into the country, the Government, RMA and Banks are celebrating the success of reaching the USD 1 million mark.

NOTIFICATION
MAY 04, 2017

The Royal Monetary Authority of Bhutan is pleased to announce that the lien on the withdrawal of Ngultrum counter-value against the public deposits of the demonetized Indian Rupee notes will be lifted from 8th May 2017.

Public Notification
APRIL 27, 2017

The Royal Monetary Authority of Bhutan is working closely with the Royal Government of Bhutan and the financial sector to promote digital financial services and reduce cash transactions, with investments in infrastructure to facilitate ICT enabled payment platforms and interbank fund transfer.

NOTIFICATION
APRIL 20, 2017

The Royal Monetary Authority of Bhutan in continuation to press release made in the media in December 2016 would like to remind the general public

Signing of MoU on cross border supervision and exchange of information
APRIL 13, 2017

The Memorandum of Understanding (MoU) on cross border supervision and exchange of information has been signed between the Royal Monetary Authority of Bhutan and the Reserve Bank of India in pursuant to Section 111 of the Financial Services Act, 2011.

Overseas Education and Skill Development Scheme
APRIL 07, 2017

The Royal Monetary Authority, in collaboration with the Ministry of Finance and the Ministry of Labour and Human Resources, officially launched the Overseas Education and Skill Development Scheme, on 7th April, 2017.

Notification from ECB
MARCH 14, 2017

Information about the Third Parliamentary Elections 2018.

Public Notification
MARCH 13, 2017

This is to inform all Authorized Money Changers (AMC) that the Royal Monetary Authority of Bhutan is currently in the process of re-issuing the AMC`s license. The new license issued would be with a validity period subject to renewal annually.

Launch of Foreign Currency Account Facility for Non-resident Bhutanese in Perth
FEBRUARY 15, 2017

Described as "a humble service (sbabtog) from the Royal Government" to the Bhutanese community leaving abroad by Finance Minister

Revised Minimum Lending Rate
FEBRUARY 13, 2017

This is to inform the General Public and the Financial Institutions

Launch of the design of the Nu. 100 commemorative bank note
FEBRUARY 05, 2017

The Royal Monetary Authority of Bhutan (RMA) is pleased to launch the design of the Commemorative Banknotes of Nu.100 denomination to celebrate the First Birth Anniversary of His Royal Highness The Gyalsey, Jigme Namgyel Wangchuck.

Launch of the Bhutan Immediate Payment Service
JANUARY 27, 2017

The Royal Monetary Authority (RMA) in collaboration with the Department of Information Technology and Telecom under the Ministry of Information and Communication (MoIC), the Financial Institutions and the G2C Office launched the Bhutan Immediate Payment Service (BIPS).

Public Notification
JANUARY 25, 2017

This is to remind all that issuance of cheques with insufficient balance in the account is a criminal offence, punishable as per the Negotiable Instrument Act of the Kingdom of Bhutan 2000 and the Penal Code of Bhutan 2011

Introduction of charges for return of cheques for clearing
JANUARY 23, 2017

The Royal Monetary Authority of Bhutan during its 37th Executive Committee Meeting decided to introduce charges for cheques returned

Public Notification
DECEMBER 30, 2016

The Private Money Lending Rules and Regulations 2016

Public Notification
DECEMBER 30, 2016

This is to inform the general public that the final copy of Rules and Regulations for Deposit-Taking Microfinance Institutions in Bhutan is uploaded.

Public Notification
NOVEMBER 26, 2016

This is to inform general public that a copy of draft Rules and Regulations for E-Money Issuers in Bhutan

Signing of MoU between RMA and DRC
NOVEMBER 24, 2016

The Royal Monetary Authority signed Memorandum of Understanding with Department of Revenue and Customs on 23 rd November, 2016 for the betterment of collaboration and assistance in relation to information and intelligence sharing.

Public Notification
NOVEMBER 23, 2016

Stocks of legal tender Indian Rupee cash have reached critical levels since we are not getting fresh stocks from India.

Public Notification
NOVEMBER 21, 2016

In line with recent verbal communication from the Reserve Bank of India on 18th November 2016

Public Notification
NOVEMBER 14, 2016

In continuation to the notification on the old high-denomination bank notes of INR 500 and INR 1000, RMA would like to inform the public and business firms etc.,

Public Notification
NOVEMBER 11, 2016

In continuation to the notification on the old high denomination bank notes of INR 500 and INR 1000, RMA would like to now inform the public and business firms, etc.,

Public Notification
NOVEMBER 09, 2016

Pursuant to the Press Release from the Reserve Bank of India dated 08 November 2016, the Royal Monetary Authority of Bhutan would like to inform the general public that the Reserve Bank of India has announced the Withdrawal of Legal Tender Status for INR 500 and INR 1000 denomination bank notes of the Mahatma Gandhi Series issued by the Reserve Bank of India till November 8, 2016.

Cancellation of banknotes of Rs.500 and Rs.1000 denominations issued by RBI
NOVEMBER 09, 2016

RBI has recommended that bank notes of denominations of the existing series of the value of Rs. 500 and Rs. 1000 shall be ceased to be legal tender.

Launch of Foreign Currency Account Facility for Non-resident Bhutanese in NYC
OCTOBER 13, 2016

The Royal Monetary Authority of Bhutan in collaboration with the Ministry of Finance, the Bank of Bhutan and the Bhutan National Bank launched the Foreign Currency Account Facility for the Non-resident Bhutanese on 9th October 2016 in New York, USA.

NRB Governor visit
SEPTEMBER 29, 2016

The Nepal Rastra Bank (NRB) delegation led by Governor, Dr. Chiranjibi Nepal visits RMA

Nu.1000 denomination Commemorative Banknote
SEPTEMBER 22, 2016

The Royal Monetary Authority of Bhutan is pleased to release Commemorative Banknotes of Nu.1000 denomination to celebrate the Birth of His Royal Highness The Gyalsey, Jigme Namgyel Wangchuck.

Foreign Currency Account Facility for Non-resident Bhutanese
SEPTEMBER 22, 2016

The Royal Monetary Authority of Bhutan is pleased to announce the launch of a scheme to provide Foreign Currency Account facility for Non-Resident Bhutanese (NRB), i.e. Bhutanese who live, work or study overseas.

Public Notice
AUGUST 15, 2016

This is to inform the general public that the final copy of Prudential Regulation 2016 is hosted.

Public Notification
JULY 22, 2016

This is to inform the general public that ¿the import or export of gold or silver in form of coins, bars, bullion, beyond the duty free limit prescribed by the Ministry of Finance shall require the prior approval of the RMA¿ as per section 8 of the Foreign Exchange Regulations 2013.

MLR Circular
JULY 22, 2016

ln exercise of the powers conferred by Section 203 (e) and Section 210 of the Financial Services Act of Bhutan 2011, the Royal Monetary Authority of Bhutan (RMA) hereby issues the Circular on Minimum Lending Rate to all the Financial lnstitutions (Fls) replacing the existing Base Rate System with effect from 1st August 2016.

Press Release on the Interest Rate Policy
JULY 20, 2016

The RMA is introducing a new, forward-looking and integrated interest rate policy called the Minimum Lending Rate (MLR). The MLR is a single benchmark or minimum reference rate for lending to be uniformly applied across all the financial institutions. On the common MLR, each financial institution will competitively add its expected spread to arrive at the final lending rates.

Notification
JULY 12, 2016

The RMA would like to notify the public that the Quarterly Selected Economic Indicators have been discontinued w.e.f 2016.

Global Money Week-Financial Literacy Program
MARCH 15, 2016

Through the implementation of the financial literacy program, RMA intends to expose all the relevant stake holders in the opportunity to collaborate with RMA to educate the nation on financial literacy.

Public Notification
FEBRUARY 15, 2016

This is to inform the General Public that the Royal Monetary Authority will be re-opening

Public Notice
JANUARY 12, 2016

The Royal Monetary Authority of Bhutan would like to inform the general public that this Authority would be re-opening exchange-counters at the RMA (Thimphu & Phuntsholing branch office) for facilitating exchange of Ngultrum notes for Indian Rupee (INR) notes, beginning with the facility for Bhutanese proceeding on pilgrimage to India.

Meeting with the FIs
JANUARY 06, 2016

The Hon¿ble Governor met with the CEOs and Deputy CEOs of the Financial Institutions over a one hour meeting convened at the RMA for the purpose of informing and sensitizing the FIs with regard to the programs and measures that the RMA intends to implement shortly in its bid to re-build the confidence of both Bhutanese citizens and the Indian merchants in the Ngultrum through easing access to Rupee (opening of exchange counters at the RMA).

Prime Minister¿s visit
JANUARY 04, 2016

The Hon¿ble Prime Minister and the Finance Minister accompanied by senior officials of the Ministry of Finance visited the RMA on the occasion of RMA¿s formal handing over of surplus of Nu.788M generated by the RMA for the Financial Year 2014-2015 to the Ministry of Finance. The occasion was also attended by the RMA Board of Directors.

Appointment of New Governor
DECEMBER 07, 2015

His Majesty the King conferred Tashi Khadar to Dasho Penjore on 7th December 2015 appointing him as the new Governor of the Royal Monetary Authority. Dasho Penjore last served as the chief executive officer of the National Pension and Provident Fund.