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Part V · Monetary Functions and Operations of the Bank

22. Monetary policy

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(1)

In promoting monetary stability, the Bank shall pursue a monetary policy which serves the interests of the country with the primary objective of maintaining price stability giving due regard to the developments in the economy.

(2)

The monetary policy of the Bank shall be formulated and implemented autonomously by the Bank, without any external influence.

Central Bank of Malaysia 33

Report

Part VI

Financial Stability Functions and Powers of the Bank

Chapter 1

Chapter 2

Chapter 3

Part VII

Islamic Financial Business

Part VIII

Currency

Part IX

Foreign Reserves

Part X

Relations with Government

Part XI

Other Powers of the Bank

Part XII

International Matters

Part XIII

Officers and Employees

Part XIV

General

Part XV

Repeal, Savings and Transitional

Schedules