- Central Bank of Kosovo
Infobox Central bank
bank_name_in_local = Banka Qendrore e Kosovës
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headquarters =Pristina
established = 1999
president =Michel Svetchine
leader_title = Managing Director
bank_of = KOS
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preceded=Banking and Payments Authority of Kosovo andNational Bank of Yugoslavia
succeeded =European Central Bank 1
website = [http://www.bqk-kos.org http://www.bqk-kos.org]
footnotes = 1 Many policies are managed "defacto" by the ECB/eurosystem, even if the bank is not part of theEurosystem or theEuropean System of Central Banks .The Central Bank of the Republic of Kosovo, also known as the "Central Banking Authority of Kosovo" (formerly: the "Banking and Payments Authority of Kosovo") is thecentral bank ofKosovo based inPristina [http://www.bqk-kos.org] .The bank's power include:
* regulating payments and settlements systems.
* operate one or more payment sysstems.
* provide finantial advice to the govermenet (at request).
* Keep an amount of foreign currencies.
* provide a fair amount of monetary mass (banknotes and coins)
* supervise finantial institutions.
* perform regular benchmarks for the economical status of Kosovo.However, As Kosovo has not formally joined the euro (like
Andorra orMontenegro ), the central bank can not
* issue euro coins or notes.
* Participate in the discussions of theEurosystem .See Also
Economy of Kosovo References
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