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Revision as of 11:41, 25 July 2003
Although officially state owned in most countries, the central bank is an autonomous entity responsible for the stability of the national currency (see also money) and the national financial system as a whole. Furthermore it implements the country's monetary policy, which may conflict with the govenment's fiscal measures. Other duties might include providing financial services to governments (eg. storing other countries' monetary reserves) and supervising of banking institutions (eg. in the case of mergers and acquisitions) in order to protect the consumers.
Below is a list of several central banks and their countries:
- Banca d'Italia - Italy
- Banco de España - Spain
- Banco de Mexico - Mexico
- Bank of Canada - Canada
- Bank of England - United Kingdom
- Bank of Japan - Japan
- Banque de France - France
- Deutsche Bundesbank - Germany
- European Central Bank - European Union
- Federal Reserve System - United States
- Monetary Authority of Singapore - Singapore
- Norges Bank - Norway
- People's Bank of China - People's Republic of China
- Reserve Bank of Australia - Australia
- Reserve Bank of India - India
- South African Reserve Bank - South Africa
- Sveriges Riksbank - Sweden - the world's oldest central bank
- Türkiye Cumhuriyeti Merkez Bankası - Türkiye
see also Macroeconomics