Central Bank/Definition: Difference between revisions
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A government agency that is responsible for monetary policy and the support of the banking system (for example the [[Federal Reserve Bank]] and the [[Bank of England]]). Usually responsible for controlling a country's monetary policy and preserving the value of its currency. | |||
Revision as of 02:49, 2 June 2008
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Central Bank [r]: A government agency that is responsible for monetary policy and the support of the banking system (for example the Federal Reserve Bank and the Bank of England). Usually responsible for controlling a country's monetary policy and preserving the value of its currency.