Central Bank Names Of Different Countries

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Central Bank Names Of Different Countries

Banking Awareness PDF Download

  • A Central bank, Reserve bank, or Monetary authority is an institution that manages a state’s currency, money supply, and interest rates.
  • Central banks also usually oversee the commercial banking system of their respective countries.
  • In contrast to a commercial bank, a central bank possesses amonopoly on increasing the monetary base in the state, and usually also prints the national currency, which usually serves as the state’s legal tender.

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