EAE401: MONETARY THEORY AND POLICY
| Institution | KENYATTA UNIVERSITY |
| Course | BACHELOR OF COMMERCE |
| Year | 4th Year |
| Semester | Unknown |
| Posted By | Brian Mike |
| File Type | |
| Pages | 30 Pages |
| File Size | 432.06 KB |
| Views | 8002 |
| Downloads | 1 |
| Price: |
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Description
A central bank, reserve bank, or monetary authority is an institution that manages
a state's currency, money supply, and interest rates. Central banks also usually oversee
the commercial banking system of their respective countries.
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