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Why do central banks play an important role in the international banking
system?

User KellCOMnet
by
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2 Answers

3 votes

Answer:

because they need the money

Explanation:if you look it up online it says✏️

User Arpit Agrawal
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They control a country's foreign exchange reserves and set its monetary policies. They make and enforce a set of tight regulations limiting capital mobility. Basically how money flows in between countries is controlled by centralized banking. Certain things like exchange rates and holding values are controlled by central banking and also serve to protect these systems like exchange.