Central Banking
- Miguel Virgen, PhD Student in Business
- Oct 28, 2024
- 3 min read
Updated: Mar 12
October 15 (Doctors In Business Journal) - Central banking is a critical component of modern economies, serving as the backbone of monetary policy and financial stability. Central banks are institutions that manage a country's currency, money supply, and interest rates. They play a vital role in regulating the banking system and ensuring economic stability. This article will explore the functions, importance, and challenges of central banking.
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