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What is Central Banking Principles and Functions about?

The document discusses the role and functions of central banking. It outlines the key principles of central banking as maintaining financial stability, safeguarding the banking system, acting as a lender of last resort, following an active policy, and having the sole power to issue currency. The functions of a central bank are described as issuing currency, acting as a bank for the government and other banks, controlling the money supply, stabilizing markets, maintaining the value of domestic and foreign cu

Author

K.m.khizir Ahmed

Language

EN