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What are the seven functions of the central bank?

What are the seven functions of the central bank?

What are the seven functions of the central bank?

The seven functions of the central bank are as follows:

  1. Streamlining payment traffic
  2. As a banker, agent, and adviser to the government
  3. Supervise the bank or bank supervision
  4. Keep an eye on credit
  5. As bankers bank and Lender of the Last Resort
  6. Maintaining the country's foreign exchange reserves
  7. Maintain reserves or cash reserves of commercial banks

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