There are many nature of the central bank, for example it belongs to the nation.
What Are The Characteristics Of A Central Bank?
1.central bank issues currency.
2. It act as government banker.
3.it formulate policies.
4.it is a lender as a last resort.
5.regulate credit system.
6.oversee commercial banks.
2. It act as government banker.
3.it formulate policies.
4.it is a lender as a last resort.
5.regulate credit system.
6.oversee commercial banks.
