answersLogoWhite

0


Best Answer

Central banks control the foreign currency reserves that are used for international trade.
They also set each country's monetary policies.

User Avatar

Marcella Predovic

Lvl 10
2y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why do central banks playing important role in the global economy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why do central banks play an important role in a global economy?

they control the foreign currency reserves that are used for international trade


Why do the actions of central banks have an important effect on the global economy?

Control of the money supply determines how much money is available for international trade.


Why do central bank an important role in the global economy?

Central banks control the foreign currency reserves that are used for international trade.They also set each country's monetary policies.


Why do you need stocks?

because it is important for the economy and the global position and exchanging.


Describe the role of central banks and their efffect on the global economy?

A monetary policy making and has an influence over the financial conditions of the global market as a whole. SK(apex)


Why is a global economy important?

Global economy for sure is really important. Each country's economic interact with each other especially for those join in World trade organize. Globalization has become a trend for different countries with economic growth and technology advanced developed. Even our daily life is link with globalization economy, such as if the beef importing tax raised, as common consumer we need to pay much higher than previous period---that's why global economy is important.


What is the significance of global economy?

Its Global.


Whats is included within the global economy?

Like the economy of individual nations, the world's economy is measured by GDP, or gross domestic product. In 2012, the global GDP was 71.83 trillion U.S. dollars.


What are the most dominant areas in the global economy?

The most domi The most dominant areas in the global economy include: nant areas in the global economy include:


What is the effect of politics in global economy?

A strong political will will keep the global economy sound


What part of speech is the word global?

Global is an adjective, as in the case of "global confusion" or "global economy".


What is the difference of global economy and world economy?

its the same thing