Answer:
fostering international monetary and global financial stability and maintenance of gold reserves
Explanation:
The BIS serves as a bank for member central banks, and its role is to foster international monetary and financial stability. The Central Bank creates money to buy government securities from the market in order to lower interest rates and increase the money supply.
The BIS competes directly with other private financial institutions for global banking activities. However, it does not hold current accounts for individuals or governments. ... To compete with private financial institutions, the BIS offers a top return on funds invested by central banks.
The BIS has developed a range of banking services specifically designed to assist central banks and monetary authorities in the management of their foreign exchange and gold reserves. It also acts as a banker to, and manages funds for, international financial institutions.
Answer: -0.81
Explanation:
A standard normal random variable simply refers to the normally distributed random variable which has a imean of 0 and also had a standard deviation that has the value of 1.
The standard normal variable can also be represented by the letter Z. For some value of Z, the probability that a standard normal variable is below Z is 0.2090. The value of Z is -0.81.
Answer: "We hold these Truths to be self-evident, that all Men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the Pursuit of Happiness ... " These words may be the best known part of the Declaration of Independence.
Explanation: Hope this helps
