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central bank
noun
a bank, as the Federal Reserve Bank, that holds basic banking reserves, issues currency, and acts as lender of last resort and controller of credit.
central bank
noun
a national bank that does business mainly with a government and with other banks: it regulates the volume and cost of credit
Word History and Origins
Origin of central bank1
Example Sentences
He reckons the central bank may have to step in more often to stabilise the currency.
It's also likely to prompt renewed calls for a public inquiry into evidence of much larger interest rate "rigging" – ordered from the top of the financial system by central banks and governments worldwide.
Deogratias Mutombo, the central bank's former governor, has also been sentenced to five years of forced labour in the same case and has not commented publicly on the ruling.
Investors who buy bonds are mainly made up of financial institutions, ranging from pension funds to central banks such as the Bank of England.
His comments were interpreted by some as an attack on the independence of the US central bank.
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