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The supply of money IS controlled by the central bank. However, in some countries the politicians interfere with the Central Bank.
because it it seen as the main (central) bank, so it is known as the bank of (all) banks.
The role of the central bank is to control all local banks in a country.
why bank called bank of all banks
There are several central African countries. Some of the countries are Angola, Chad, and Rugabano.
No A central bank is a phenomenon of more developed countries. It has been shown that a central bank can conduct discretionary monetary policy (policy using their discretion and not simple rules) and obtain lower inflation rates than the government would. In fact, the government can overturn any decision made by the CB if it wanted to
they are all Spanish countries
Yes and No. Actually speaking, there is a bank named Central Bank of India which offers commercial and retail banking services to citizens of India. At the same time, the term Central Bank of a Country refers to the bank that governs all banking operations in a country. If that is what you are referring to by central bank in your question, then Yes, Reserve Bank of India (RBI) is the central bank in the country.
Group of finance ministers and central bank governors from 20 major economies
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Bank of America is the central bank that is the official bank of the American Republic. Bank of American has branch locations all over the United States and is one of the largest banks in the country.
Because central bank, reserve bank, or monetary authority is an institution that manages a nation's currency, money supply, and interest rates. it is the mother of all financial institution within the country it is the monetary policy maker. all country has its own central bank. yeah its true that the central bank prints money but only prints when there is a lot of gold reserve in the bank/