What is another word for reserve bank system?

Pronunciation: [ɹɪsˈɜːv bˈaŋk sˈɪstəm] (IPA)

The term "reserve bank system" is often used to refer to central banking systems, which are responsible for managing a country's monetary policy, regulating its financial institutions, and maintaining its currency. Other commonly used synonyms for this term include "central bank", "monetary authority", and "bank of issue". In some countries, such as the United States, the central banking system is known as the Federal Reserve System, while in others, it may be called the Bank of England, the European Central Bank, or the Reserve Bank of India. No matter what the name, the role of the reserve bank system is crucial for maintaining stability in the national economy and promoting economic growth.

What are the hypernyms for Reserve bank system?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Related words: bank system, bank system diagram, bank systems, banking system, bank system architecture, bank system design, banking system definition

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