Central Bank
The generic name given to a country's primary monetary authority, such as the Federal Reserve System in the U.S. Usually has responsibility for issuing currency, administering monetary policy, holding member banks' deposits, and facilitating the nation's banking industry.
Mentioned in these terms
Related Terms on BusinessDictionary
Bank for International Settlements (BIS)
repo rate
European Central Bank (ECB)
total reserves
Austrian School of Economics
bank examination
monitization
bank rate
scrip
sovereign public buyer
CAMELS rating
consolidated fund
tier 1 capital
tier 2 capital
exchange rate mechanism (ERM)
Federal Reserve System (The Fed)
fiat currency
treasury bill (T-bill)
foreign reserve
managed currency
monetary union
national debt
bank note
International Monetary Fund (IMF)
repo rate
European Central Bank (ECB)
total reserves
Austrian School of Economics
bank examination
monitization
bank rate
scrip
sovereign public buyer
CAMELS rating
consolidated fund
tier 1 capital
tier 2 capital
exchange rate mechanism (ERM)
Federal Reserve System (The Fed)
fiat currency
treasury bill (T-bill)
foreign reserve
managed currency
monetary union
national debt
bank note
International Monetary Fund (IMF)
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