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Central Bank Central bank
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__NOEDITSECTION__ A Central Bank is an apex bank of a particular country responsible for managing the monetary policies and allied matters of that country. In some case, a Central Banking Authority may look after these affairs of a group of states like members of the European Union. A Central Bank looks after the stability of currency of its country and manages the money supply. It has several other roles too, and some of them are presented in a separate section. A central bank is a bank responsible for the monetary policy of a country. This usually entails the control of commercial banks, a monopoly on the issue of banknotes and other privileges. "Given that money is one half of every commercial transaction and that whole civilizations literally rise and fall on the quality of their money, we are talking about an awesome power, one that flies under cover of night." Ron Paul, End the Fed, on the powers of a central bank The central bank, reserve bank, or monetary authority, is the entity responsible for the monetary policy of a country or of a group of member states.
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n4:abstract
The central bank, reserve bank, or monetary authority, is the entity responsible for the monetary policy of a country or of a group of member states. A central bank is a bank responsible for the monetary policy of a country. This usually entails the control of commercial banks, a monopoly on the issue of banknotes and other privileges. "Given that money is one half of every commercial transaction and that whole civilizations literally rise and fall on the quality of their money, we are talking about an awesome power, one that flies under cover of night." Ron Paul, End the Fed, on the powers of a central bank __NOEDITSECTION__ A Central Bank is an apex bank of a particular country responsible for managing the monetary policies and allied matters of that country. In some case, a Central Banking Authority may look after these affairs of a group of states like members of the European Union. A Central Bank looks after the stability of currency of its country and manages the money supply. It has several other roles too, and some of them are presented in a separate section.