It is important because it provides confidence to the market so people would buy goods.
Commercial banks - NO. National banks - YES.
It makes the economy of Africa less stable.
they control the foreign currency reserves that are used for international trade
economic stability is the measurement of how stable the economy is.
Central banks control the foreign currency reserves that are used for international trade.They also set each country's monetary policies.
By regulating the stock market and insuring banks, FDR was able to make the economy more stable.
the importants of banks is that if banks dont lend to business and other banks to whole economy starts collapse
The national bank controlled the money supply
Commercial banks - NO. National banks - YES.
It makes the economy of Africa less stable.
they control the foreign currency reserves that are used for international trade
Banks help expand and maintain the economy by providing loans and credit to businesses.
No
Mexico is economy and politicaly stable
economic stability is the measurement of how stable the economy is.
Banks are financial institutions that can make or break an economy. Unsupervised and uncontrolled behavior from banks can spell doom to the economy and for the customers as well. Hence central banks like the Reserve Bank in India or the Federal Reserve in USA monitor the functioning of all banks in their jurisdiction and ensure that they function in a just fashion and customers stand to benefit at all times.
Central banks control the foreign currency reserves that are used for international trade.They also set each country's monetary policies.