Difine central bank exaple the funcitions of central bank
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A central bank is an independent national authority that conducts monetary policy ,regulates , banks and provides financial services including economic research.
Functions of a central bank may include: implementing monetary policies. setting the official interest rate – used to manage both inflation and the country's exchange rate – and ensuring that this rate takes effect via a variety of policy mechanisms. controlling the nation's entire money supply.
Functions of a central bank may include: implementing monetary policies. setting the official interest rate – used to manage both inflation and the country's exchange rate – and ensuring that this rate takes effect via a variety of policy mechanisms. controlling the nation's entire money supply.
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