3 years ago

Why do central banks play an important role in the international banking system?

1 answer:

4 0

Central banks play an important role in the international banking system because they control a country's foreign exchange reserves and set its monetary policies.
Banks are some of the most important institutions in any country. They are responsible for all the money that a country and its people have, which is why obviously their role is crucial when it comes to the banking system inside a country and out of it.

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3 years ago

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Answer:

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3 years ago

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3 years ago