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单词 bundesbank
释义

Bundesbank


Thesaurus
Noun1.Bundesbank - the central bank of Germanycentral bank - a government monetary authority that issues currency and regulates the supply of credit and holds the reserves of other banks and sells new issues of securities for the government
EncyclopediaSeeDeutsche Bundesbank

Bundesbank


Bundesbank

The central bank of Germany. Established in 1957, it issued the Deutsche mark until 2002 when it was replaced by the euro. However, the Bundesbank remains the most influential member of the European System of Central Banks. Both the Bundesbank and the European Central Bank (ECB) are headquartered in Frankfurt. Among other duties, it is responsible for issuing euros and regulating banks under its jurisdiction. However, it is not a lender of last resort, as the ECB fulfills this duty.

Bundesbank

the CENTRAL BANK of Germany.

Bundesbank


  • noun

Words related to Bundesbank

noun the central bank of Germany

Related Words

  • central bank
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更新时间:2024/9/22 15:41:15