Discuss the functions of the central bank of your country.

CPA-Financial-Management-Section-3 Revision kit

Functions of central bank
– Advisor to the government
– Lender of last resort
– Banker to the government
– Banker to other commercial banks
– Issuing currency and control money supply.
– Management of public debt
– Foreign exchange administration.
– Licensing of banks and forex bureaux
– Financial controller to commercial banks.

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