Meaning of “central bank” in the English Dictionary

business-english dictionary

"central bank" in Business English

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central banknoun [ C ]

uk us also national bank, also reserve bank

BANKING, FINANCE, GOVERNMENT the official bank of a country, whose responsibilities typically include making money available and controlling interest rates:

Japan's central bank has held its key interest rate unchanged at 0.1%.

(Definition of “central bank” from the Cambridge Business English Dictionary © Cambridge University Press)

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