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Yes. Central banks are independent entities and they have the right to make rules and policy decisions governing the banks in their country.
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∙ 15y ago
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What is the difference between revalue and reinstate currency?
Both of these terms, relative to currency, are made up by scammers convincing people to buy currencies like Iraqi Dinar or Viet Namese Dong with the idea that they are bout to be "revalued" to some huge amount. Of course the exchnage rate for a pegged currecny (one where the central bank, directly or through a downstream bank, is on one side or ther other of nearly all exchnages) can be changed at any time. But the rate is constrained by the ratio of the money supply in the country (the liabilites of the central bank) to the central banks foreign reserves that back the currency (their assets). This limit (about 15% at this time for Iraq) is typically vastly less then the "RV" claims (100,000%) of the scammers pushing people to buy physcal currency at inflated prices (often 20% above the official central bank rate).
What statement represent a central idea of laissez faire economics?
prices are best determined by supply and demand.
Was farming a good idea?
Farming was an excellent idea for settlers so that the people could eat.
What is an ideal entrepreneur?
One with a good business education, a good idea, a good staff, and a good advertisement system.
Is deficit financing of government programs a good idea?
no
Is the idea of having a central bank for the nation consistent with the idea of free enterprise?
Yes, having a central bank can be consistent with the idea of free enterprise. The central bank can help maintain stable economic conditions and support free markets by managing the money supply and regulating the financial system. However, the operations and policies of the central bank should be designed to minimize interference with market forces and promote competition.
Is it a good idea to bank your money?
* *
Where or how can you find a private lender willing to lend to individuals?
If you have a good investment idea, then, your local bank will listen to your business idea. If your idea is good then the bank will help you. Why would the private investor take any different risk from your bank ?
What is the central idea of evolution?
That there is no central idea.
Is a wind farm in central Scotland a good idea?
A wind farm in Scotland , in central Scotland is not at all a bad idea as it is a open area and plenty of wind is there for such use.
Is it a good idea to get a payday loan online?
It is probably not a good idea to get a loan from the internet, as you will have to pay back more money then you get. It is a better idea, if you need the money, to get a loan from a bank.
Who is custodian of records for Bank Of America located in AZ?
i have no idea good question
What is the central idea of a writing?
The central idea of a writing is the theme.
What is the central idea or insight of the poem Ulysses?
central idea of the ulysses
The central idea of physical geography and human geography?
the central idea of geography
What is a central idea of a speech?
The central idea of a speech is like the thesis statement.
Why should you file a mortgage with a bank?
It is a good idea for someone to file a mortgage at a bank, especially if this bank is one that the person already has been doing business with. The reason that it is a good idea is that rates can be better for them, they can easier combine payments for their mortgage right from their bank account, as well as knowing the people that are taking care of one's mortgage such as the bank manager or the tellers that one sees on a regular basis.
