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central banks       LUcat Search catalogue 294903798

STA
Approved

UPD
2012-03-23

DUT
centrale banken

IND
1

MIS
In most countries today, the monetary authority--the organization that issues the currency--is a central bank. A typical central bank today is a wholly government-owned body, separate from the ministry of finance, that has a monopoly of issuing notes (paper money) and coins. A typical central bank today has a high degree of discretionary power: it is constrained by no monetary rule, such as a binding commitment to a particular exchange rate or inflation rate.

PPN
294903798

UDC
332.11 336.711

MRF
336.711

BT1
banks

NT1
Banque Centrale des Etats de l'Afrique de l'Ouest
Banque des Etats de l'Afrique Centrale

UF
currency boards

RT
monetary policy

BSO
11.04 FINANCE, PUBLIC FINANCE, TAXATION



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