central bank

Name four primary functions of the central bank.

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The central bank has the job to perform transfers between any commercial bank or other funds exchange into the banking system. They serve as the primary bank for the central government and they also serve as a cash deposit bank for members. Fourth, the central bank buys and sells foreign currencies and generally assists in the completion of financial transactions with other countries. In addition, they also monitor and regulate economic activity through the monetary system.

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