write two functions of central bank?
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Answer:
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Explanation:
A central bank can be said to have two main kinds of functions:
(1) macroeconomic when regulating inflation and price stability
(2) microeconomic when functioning as a lender of last resort.
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→Answers :
→Regulator of Currency: ...
→Banker, Fiscal Agent and Adviser to the Government: ...
→Custodian of Cash Reserves of Commercial Banks: ...
→Custody and Management of Foreign Exchange Reserves: ...
→Lender of the Last Resort: ...
→Clearing House for Transfer and Settlement: ...
→Controller of Credit:
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