In addition to its core mission of price stability, the BCM's mission is to:

1. Development and implementation of the new general economic policies:

• Define and implement the monetary policy of the Islamic Republic of Mauritania;
• Participate in the definition of the exchange rate policy and ensure its implementation;
• Organize, monitor and regulate the foreign exchange market;

2. Issue of banknotes and coins:

• Issue and manage, on behalf of the State, the fiduciary currency;
• Hold and manage official foreign exchange reserves;

3. Establishment of systems and means of payment:

· Promote the stability, security and efficiency of the Mauritanian payment system;

4. Stability of the financial system:

• Supervise and regulate banks and other financial institutions in accordance with the relevant laws;
• Contribute to the stability of the Mauritanian financial system;

5. To act as State Cashier and Financial Officer for the Government;

6. Perform any other task that the regulation would have entrusted to him by order or any other law entrusted to him.