Economy, asked by muspieaahmedgmailcom, 11 months ago

explain how is central bank a bank of bankers??​

Answers

Answered by 5queen36
0

Answer:

The central bank is the "bankers'bank". ... Thus, the banks which have to supply banknotes for their customers (either over the counter or through automatic teller machines) obtain them from thecentral bank which has an issuing monopoly. The central bank debits their current accounts accordingly.

Answered by ArpitaAmrita
1

Answer:

central bank a bank for bankers because

Explanation:

they own supply banknotes to the costomers hope it helps

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