Social Sciences, asked by ashishshukla8940, 13 days ago

The agency of UNO which visit termed as the central bank of Central banks of different countries

Answers

Answered by MDK70
0

Explanation:

BIS is an international financial institution owned by central banks which foster(or stimulate) international monetary and financial cooperation

Answered by PRABEERPATIL
0

Answer:

A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a state or formal monetary union,[1] and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks

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