National Bank of Ikerlàndia
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| Headquarters | Mittyzöegaad |
|---|---|
| Established | 2023 |
| President | Iker I |
| Central bank of | Federation of Ikerlàndia |
| Currency | Daagdeeg (ID) |
| Reserves | IKE 1200 |
The National Bank of Ikerlàndia is the Principality of Ikerlàndia´s main bank. The establishment date of the Bank of Ikerlàndia is unknown due to the Ikerlàndia National Archives having missing documents. The bank makes and pegs the ID (Ikerlandian Daagdeeg) which are the currently of the Principality of Ikerlàndia. The Bank of Ikerlàndia is headquartered in Mittyzöegaad the capital of the Principality of Ikerlàndia.
History
On 8 May 2023, King Iker I formally established the National Bank of Ikerlàndia, with the purpose of achieving "true economic independence".
Functions
- Formulating and implementing monetary policy
- Issuing banknotes
- Managing candy and foreign-exchange reserves
- Acting as banker to the government
- Acting as lender of last resort in exceptional circumstances