Reserve Bank

Central Bank - A central bank is a national financial institution responsible for managing a country's monetary policy, issuing currency, and regulating the banking sector to ensure financial stability. Central banks play a crucial role in controlling inflation, setting interest rates, and serving as a lender of last resort to commercial banks during financial crises.

Class Information

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Identification

Label (rdfs)
Central Bank
Preferred Label
Reserve Bank
Alternative Labels
National Bank
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Definition and Examples

Definition
A central bank is a national financial institution responsible for managing a country's monetary policy, issuing currency, and regulating the banking sector to ensure financial stability. Central banks play a crucial role in controlling inflation, setting interest rates, and serving as a lender of last resort to commercial banks during financial crises.
Examples
  • Federal Reserve

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Additional Information

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Deprecated
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