At present, monetary management in Rwanda is based on a monetary targeting framework. In this framework, the final target, price stability, is to be achieved by influencing changes in broad money supply which is linked to reserve money through a multiplier. Reserve money is the operating target of monetary policy. The monetary targeting framework is operated through a monetary programme.

The monetary programme is prepared by the National Bank taking into account economic factors such as the expected fiscal and balance of payments developments, economic growth, desired levels of growth in credit and inflation.
 

The National Bank of Rwanda (BNR) is responsible for setting and implementing monetary policy in the country. Low inflation and a stable currency are important long-term features of the Rwandan economy which support a stable business environment and high levels of investment, both of domestic and foreign origin.

Bahrain has a free market economy, with little restrictions on capital movements, foreign exchange, foreign trade or foreign investment. The country has a leading position in the region as an open, free, transparent and welcoming environment for investors. The monetary policy framework is geared to support the general economic goals of the country.