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Central Banks

February 18, 2011 by Forex Market

The Central Banks are institutions in most countries and have many tasks to be its main objective the promotion and maintenance of financial stability of the country through economic policies that help meet the country’s economic objectives. In other words, central banks are responsible for monetary policy in a country (or group as the European Central Bank’s case) with the primary objective of maintaining stable prices, maintaining the value of the currency (exchange rate against other currencies) and keep the financial system. …

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