Economy, asked by kaushalbagheljnvm, 8 months ago

which bank is called lender of last resort ?

Answers

Answered by tanwanijaya005

Answer:

federal reserve Bank of United States

Explanation:

In the United States, the Federal Reserve acts as the lender of last resort to institutions that do not have any other means of borrowing, and whose failure to obtain credit would dramatically affect the economy.

Answered by Ashritha2703

Explanation:

Hi mate

The Federal Reserve Bank is the lender

of the last resort.

Hope it helps ☺️

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