A central bank, or reserve bank, is a banking organization arranged the select authority to lend a government its currency. Similar to a normal bank, a central bank revenue is derived from interest charges on loans made to borrowers, first to the tied government and second to other banks within the countries entities, typically as a ‘lender of last resort’. It is relevant to note that a central bank differs from a normal commercial bank because it has a monopoly on creating the currency of that nation, which is loaned […]