what is the function of central bank
Answers
Answered by
5
The main function of a central bank is to act as governor of the machinery of credit in order to secure stability of prices. It regulates the volume of credit and currency, pumping in more money when market is dry of cash, and pumping out money when there is excess of credit.
mairaprin:
thanx
Answered by
8
This is your answer.
Attachments:
Similar questions
Geography,
7 months ago
Computer Science,
1 year ago
Math,
1 year ago
Economy,
1 year ago
Chemistry,
1 year ago