In a world with two parallel financial systems, a country would not necessarily have a single reserve bank.
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All tagged central bank
In a world with two parallel financial systems, a country would not necessarily have a single reserve bank.
◢ In most countries, central bankers wield immense influence over the economy through their monetary policy.
◢ The Central Bank of Iran has struggled to secure the power and independence of its foreign equivalents, hindering economic planning and growth.