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Monetary Policy
The primary role of the RMA is to formulate and implement monetary policy with a view to achieving and maintaining price and financial stability.
Read More Reports and Statistics
Foreign Exchange & Reserve Management
Managing external reserves is one of the core mandates of the Royal Monetary Authority of Bhutan as stipulated under Section 108 of the RMA Act
Read More Foreign Exchange Rules & Regulations
Financial Stability
The RMA has the mandate to ensure the soundness and stability of the country's financial system.
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Payment & Settlement Systems
Establishing a sound and robust payment system infrastructure that facilitates the efficient functioning of economic activities,
Read More Digital Payment Ecosystem Domestic Payment Systems Regional Payment Systems International Payment Systems Rules and Regulations, Guidelines, Manuals Reports & Publications Fees & Charges
Currency (Bank Notes & Coins)
The Royal Monetary Authority of Bhutan (RMA) is the country’s sole currency issuing authority as mandated by Section 9 (a) of the RMA Act 2010.
Read More History of the Currency Contemporary Banknotes Denominations of notes & coins in circulation Guidelines & Rules Public Awareness & AdvocacyAnnouncements
- Notifications
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Feb. 10, 2026
PRESS RELEASE
In line with the RMA Circular referenced RMA/RSD/293 dated 21st July 2016, updated on 8 th August 2016, the Royal Monetary Authority of Bhutan has revised the Single MLR from 6.11 percent (June 2025) to 5.72 percent in December 2025. In line with the MLR Guidelines, this revised Single MLR shall remain effective for the next six months, commencing March 2026 until August 2026.
Feb. 6, 2026
Inviting Comments on e-Money Rules and Regulations, 2026
The Royal Monetary Authority of Bhutan invites stakeholders and the public to provide comments on the amended e-Money Rules and Regulations, 2026 as part of the public consultation process.
Dec. 31, 2025
Press Release
The Royal Monetary Authority of Bhutan (RMA) is pleased to publish its Annual Report for FY 2024/25, providing an overview of Bhutan’s macroeconomic situation, and financial sector developments spanning July 2024 to June 2025.
Dec. 30, 2025
Public Notification
The Royal Monetary Authority of Bhutan (RMA) is pleased to announce that three denominations of New Generation Ngultrum Banknotes will begin circulation from JANUARY 01, 2026.
Nov. 13, 2025
Press Release
Thimphu, Bhutan – In this momentous celebration of legacy, leadership, and profound national reverence, the Royal Monetary Authority of Bhutan will introduce a new series of currency banknotes on November 12th 2025 to commemorate the 70th auspicious Birth Anniversary of His Majesty the Fourth Druk Gyalpo, Jigme Singye Wangchuck, the visionary monarch who steered Bhutan into a modern constitutional democracy.
Oct. 30, 2025
Selection Result Announcement
The Royal Monetary Authority (RMA) of Bhutan is pleased to inform that the selection process for the Chief Strategy and Planning Officer position is has successfully completed.
Oct. 1, 2025
Selection Result Announcement
The Royal Monetary Authority (RMA) of Bhutan is pleased to announce the selection process for various positions with and without prior work experience is completed.
Sept. 19, 2025
Announcement for Viva Voce
RMA is pleased to announce the shortlisted candidates who have applied for various posts for the viva-voce after the conduct of written examination held on 6th September2025.
Aug. 29, 2025
Announcement of Shortlisted Candidates for Written Examination
In reference to the job vacancy announcement dated August 6, 2025, the Royal Monetary Authority (RMA) is pleased to announce the shortlisted candidates for the various positions. The written examination is scheduled as follows:
Aug. 6, 2025
Vacancy Announcement
The Royal Monetary Authority of Bhutan (RMA) is pleased to announce the vacancies for the following posts:
Feb. 6, 2026
Invitation for Bids
The Royal Monetary Authority of Bhutan (RMA) invites sealed bids from eligible and qualified bidders for the Supply, Installation and Configuration of virtualization software, storage and backup software.
Jan. 13, 2026
Corrigendum
This is to inform all the eligible bidders that we have amended the bid submission and opening date for supply of furniture and equipment as follows:
Dec. 19, 2025
Invitation of Bids
The Royal Monetary Authority of Bhutan (RMA) invites sealed bids from eligible and qualified bidders for the Supply of Furniture and Equipment.
Nov. 19, 2025
Invitation for Bids (IFB)
The Royal Monetary Authority of Bhutan (RMA) invites sealed bids from eligible and qualified bidders for the Supply of Livery Item.
Sept. 3, 2025
Bidding documents for auction of vehicle and furniture auction notice
The Royal Monetary Authority (RMA) of Bhutan hereby notifies all interested parties of the upcoming auction for the disposal of vehicles and furniture. Sealed bids are invited from eligible and interested bidders in accordance with the following terms and conditions:
