What is central bank?Bankers, realty traders and stock market investors have been urging the central bank to help revive the two sectors facing downturn. In this sentence what is central bank? help me guys!! |
What is central bank?Bankers, realty traders and stock market investors have been urging the central bank to help revive the two sectors facing downturn. In this sentence what is central bank? help me guys!! |
A central bank, reserve bank, or monetary authority is a public institution that usually issues the currency, regulates the money supply, and controls the interest rates in a country. Central banks often also oversee the commercial banking system within its country's borders. A central bank is distinguished from a normal commercial bank because it has a monopoly on creating the currency of that nation, which is usually that nation's legal tender.
Most developed nations today have an "independent" central bank, that is one which operates under rules designed to prevent political interference. Examples include the European Central Bank (ECB) and the Federal Reserve System in the United States.
a central bank is the financial institution that manages the governments finances, contols the availability of money and credit in the economy and serves as the bank for commercial banks....follow twitter@criminalthreatz
The Socialist Myth of the Greedy Banker
http://iakal.wordpress.com/2014/02/24/the-socialist-myth-of-the-greedy-banker-the-gold-standard/