The Central Bank of Djibouti (french: Banque Centrale de Djibouti) is the

monetary authority In finance and economics, a monetary authority is the entity that manages a country’s currency and money supply, often with the objective of controlling inflation, interest rates, real GDP or unemployment rate. With its monetary tools, a m ...

Djibouti Djibouti, ar, جيبوتي ', french: link=no, Djibouti, so, Jabuuti officially the Republic of Djibouti, is a country in the Horn of Africa, bordered by Somalia to the south, Ethiopia to the southwest, Eritrea in the north, and the Red ...

. It is responsible for managing the country's currency, the

Djiboutian franc The Djiboutian franc ( ar, فرنك) is the currency of Djibouti. Its ISO 4217 currency code is ''DJF''. Historically, it was subdivided into 100 ''centimes''. History From 1884, when the French Somaliland protectorate was established, the Fr ...

, as well as the national foreign exchange position and

accounting Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "languag ...

Duties

Objectives of the Central Bank of Djibouti include: * To issue and redeem notes and coins * To supervise, regulate and inspect any financial institution which operates in and from within Djibouti * To promote the financial stability and soundness of financial institutions * To supervise, regulate or approve the issue of financial instruments by financial institutions or by residents * To assist with the detection and prevention of financial crime * To foster close relations between financial institutions themselves and between the financial institutions and the Government * To manage exchange control and regulate transactions in foreign currency or gold on behalf of the Government * To advise and assist the Government and public bodies on banking and other financial and monetary matters * To perform such functions as may be necessary to fulfill the said objects. The bank is responsible to the

government of Djibouti Politics of Djibouti takes place in a framework of a presidential representative democratic republic, whereby the executive power is exercised by the President and the Government. Legislative power is vested in both the Government and the Nationa ...

. It was established by the decree 79030 of 18 April 1979.

Governors

Abdi Mohamed Luc Aden Abdi is a male name. It is a given name used in several countries with different origins. The Oromo version of the name, used within Ethiopia, translates to ‘Hope’. Among others, one version has Arabic has meaning which is loosely translated a ...

, 1979-1991 *

Djama Mahamoud Haid Djama is a surname. Notable people with the surname include: * Darar Djama Aboubaker (born 1989), Djiboutian footballer * Houssein Djama (born 1968), Djiboutian middle-distance runner * Nima Djama Nima Djama ( so, Nimco Jaamac; born 1948) is a c ...

, 1991-2013 *

Ahmed Osman Ali Ahmad ( ar, أحمد, ʾAḥmad) is an Arabic male given name common in most parts of the Muslim world. Other spellings of the name include Ahmed and Ahmet. Etymology The word derives from the root (ḥ-m-d), from the Arabic (), from the v ...

, 2013-

References

External links

Official site of Banque Centrale de Djibouti
Banks of Djibouti Economy of Djibouti

1979 establishments in Djibouti Banks established in 1979 {{Djibouti-stub

Duties

Governors

See also

References

External links