FUNCTIONS OF CENTRAL BANK

  1. Bankers to the commercial banks 
  2. In-charge of minting and printing of currencies.
  3. Serves as lender of last resort to commercial banks 
  4. Issue of legal tender.
  5. Deals with foreign monetary policy and banking transactions.
  6. Management of National debts
  7. Regulates the national monetary policy.
  8. Controls operations of commercial banks.

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