Question

Explain the central bank's "bank of banks" function)​

Answer 1

Activities and responsibilities of the central banks

controlling the nation's entire money supply. the Government's banker and the bankers' bank ("lender of last resort") managing the country's foreign exchange and gold reserves and the Government bonds. regulating and supervising the banking industry.

Answer 2

Answer:

Activities and responsibilities of the central banks

controlling the nation's entire money supply. the Government's banker and the bankers' bank ("lender of last resort") managing the country's foreign exchange and gold reserves and the Government bonds. regulating and supervising the banking industry.

Explanation:

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