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.
China is much more democrat than Russia. Thats all i know srry
Gilbert du Motier, Marquis de Lafayette, a French aristocrat is known as the hero of both worlds, because he has brought great service to both France and United States, and also served towards a better relationship of the two countries.
Two emerging factors after the War of 1812 that contributed to development of sectionalism were "an increase in the number of men voting" and "the concept of manifest destiny," since both of these led to a more "aggressive" nation that was becoming more and more divided on how to exploit that aggression.
