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Who has the power or rights to print, issue or mint the currency notes or coins in Malaysia?

The Central Bank of Malaysia (Malay: Bank Negara Malaysia) 1 is the sole authority to issue currency notes and coins in Malaysia. Such notes and coins can only be printed or minted by or under the authority of the Central Bank of Malaysia.

Only banknotes and coins issued by the Central Bank of Malaysia are legal tender 2.

Malaysian ringgit banknotes are currently printed overseas by reputable banknote printers.

References
  1. Official website of the Central Bank of Malaysia (Malay: Bank Negara Malaysia (BNM)).

  2. Legal tender means a medium of payment that is legally recognized to be valid for meeting financial obligations in Malaysia.


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Knowledge Base ID :   1462
Last Reviewed :   May 19, 2014
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