5. Principal objects and functions of the Bank

to formulate and conduct monetary policy in Malaysia;

to issue currency in Malaysia;

to regulate and supervise financial institutions which are subject to the laws enforced by the Bank;

to provide oversight over money and foreign exchange markets;

to exercise oversight over payment systems;

to promote a sound, progressive and inclusive financial system;

to hold and manage the foreign reserves of Malaysia;

to promote an exchange rate regime consistent with the fundamentals of the economy; and

to act as financial adviser, banker and financial agent of the Government.