单词 | central bank |
释义 | central bank A bank which controls a country's money supply and monetary policy. It acts as a banker to other banks, and a lender of last resort. In some countries, including the UK, the central bank is also the main regulator of other banks. Any central bank is ultimately controlled by a country's political system; whether central bankers should be controlled by the current government, or should be independent is controversial. |
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