Central Bank Names Of Different Countries
- 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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