The Reserve bank of Aethelnia, is the monetary authority in Aethelnia. It is in charge of: * Setting monetary policies for the whole kingdom of Aethelnia. Primary responsibility is to maintain the stability of the national currency, the Aethelnian Guilder, and of the money supply. * Controlling subsidized loan interest rates, and acting as a "bailout" lender of last resort to the Aethelnian banking sector during times of financial crisis (private banks often being integral to the national financial system). * Supervisory powers to ensure that commercial banks in Aethelnia (both foreign and domestic) and other financial institutions in Aethelnia do not behave recklessly or fraudulently.
Attributes | Values |
---|---|
rdfs:label |
|
rdfs:comment |
|
dcterms:subject | |
abstract |
|