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Central Bank

A central bank is a financial institution of fundamental importance in a country’s monetary and banking system. Its main function is to regulate and supervise the money supply and monetary policy of a nation. The central bank acts as a monetary authority and plays a key role in maintaining the economic and financial stability of the country.

In the European system, known as the Eurozone, the European Central Bank (ECB) is the body responsible for monetary policy for the Eurozone countries. The ECB is a supranational institution that operates at the level of the European Union and was established to ensure price stability and support economic growth in the euro countries.

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