The Purple Palace also known as the Wolf's Palace in Baofluz, Jelbania, is a very important monument in the Khanate of Jelbania and a major tourist attraction in Baofluz. The palace serves as the official residence of the khan of Jelbania and also as the meeting place of the Jelbanian Cabinet The Palace seats in the 'square mile of power' in central Baofluz near the Grey Complex (the government departmental headquarters) the Stock Exchange, Baofluz City Hall and the Palace of the Kurultai