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Parent Category: Central Banks

Central banks are the public institutions that control and regulate the monetary policy of a country. The main focus of central banks is to provide and control the nation’s money supply. To this end they undertake a number of duties including controlling interest rates, monitoring supply and providing a national currency reserve in times of crisis.

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The Functions Of Central Banks In Forex

The Central Banks of the world are the hub of the financial markets. They have a great influence on the currency markets being as they are entrusted with the key responsibility of maintaining and regulating the monetary policy of a region. Read more

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