Question

Expansion of ECB
What is the meaning and expansion of ECB?

Answer 1

ECB stands for European Central Bank that monitors the financial policy in the eurozone.

Answer 2

Answer:-

The European Central Bank (ECB) is the central bank responsible for monetary policy of those European Union (EU) member countries which have adopted the euro currency. ... The principal goal of the ECB is to maintain price stability in the euro area, thus helping preserve the purchasing power of the euro.

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