How do central banks govern the banking industry?

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asked Aug 25, 2020 88.3k views

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Rick Kirkham · Answer 1 · 2020-08-30T23:33:54+0000

by deciding how much banks must keep in reserve
by overseeing the nation's payment system
by responding quickly to banking crises that occur
by auditing banks based on current regulations

How do central banks govern the banking industry?

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