Question

what are the funtions of central banks??

Answer 1

1. It issues the currency notes of the country. 2. It is the custodian of the foreign exchange reserves of the country. 3. It serves as banker to the government. 4. It serves as banker to commercial banks. 5. Being a monetary authority, it regulates the banks’ credit creation activity and performs the function of a controller of credit. 6. If promotes the economic development of the country.... Hope this helps .... Pls mark it as the brainliest.....