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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
51Թ History and Origins
Origin of central bank1
Example Sentences
It was fueled by central banks globally as they stocked up on gold reserves after the U.S. froze Russia’s state assets following the invasion of Ukraine in 2022.
Up until the last few days, most analysts had been expecting the central bank to cut that twice this year.
The repo rate is the level at which the central bank lends to commercial banks, influencing borrowing costs.
A report by Spain's central bank found that nearly 40% of families who rent now spend more than 40% of their income on their accommodation.
Many financial transactions in humanitarian aid also happen outside of Myanmar's banking system, so that actors can avoid scrutiny and potential investigation from the country's central bank, a source told the BBC.
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