madidan0210 madidan0210
  • 11-12-2019
  • Social Studies
contestada

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

Respuesta :

mariaobanner mariaobanner
  • 11-12-2019

Answer:

because they need the money

Explanation:if you look it up online it says✏️

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avery66
avery66 avery66
  • 11-12-2019
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.
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