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Concept information

ECONOMICS > FINANCE > MONETARY ECONOMICS > CENTRAL BANKS

Preferred term

CENTRAL BANKS  

Definition

  • CENTRAL BANKS CONTROL A COUNTRY'S MONEY SUPPLY AND MONETARY POLICY. THEY ACT AS BANKERS TO OTHER BANKS, AND AS LENDERS OF LAST RESORT. IN SOME COUNTRIES, INCLUDING THE UK, CENTRAL BANKS ARE REGULATORS OF OTHER BANKS.

Broader concept

Entry terms

  • TOTAL RESERVES

Definition source

  • DE-2017

URI

https://hasset.ukdataservice.ac.uk/5601a876-2860-47db-b5a1-db315cba13a2

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