Logo
Unionpedia
Communication
Get it on Google Play
New! Download Unionpedia on your Android™ device!
Free
Faster access than browser!
 

Central bank and Currency board

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Central bank and Currency board

Central bank vs. Currency board

A central bank, reserve bank, or monetary authority is an institution that manages a state's currency, money supply, and interest rates. A currency board is a monetary authority which is required to maintain a fixed exchange rate with a foreign currency.

Similarities between Central bank and Currency board

Central bank and Currency board have 14 things in common (in Unionpedia): Bank reserves, Central bank, Euro, Fiat money, Fixed exchange-rate system, Hong Kong, Hong Kong Monetary Authority, Lender of last resort, Monetary base, Monetary policy, Pound sterling, Reserve requirement, Seigniorage, United States dollar.

Bank reserves

Bank reserves are a commercial banks' holdings of deposits in accounts with a central bank (for instance the European Central Bank or the applicable branch bank of the Federal Reserve System, in the latter case including federal funds), plus currency that is physically held in the bank's vault ("vault cash").

Bank reserves and Central bank · Bank reserves and Currency board · See more »

Central bank

A central bank, reserve bank, or monetary authority is an institution that manages a state's currency, money supply, and interest rates.

Central bank and Central bank · Central bank and Currency board · See more »

Euro

The euro (sign: €; code: EUR) is the official currency of the European Union.

Central bank and Euro · Currency board and Euro · See more »

Fiat money

Fiat money is a currency without intrinsic value that has been established as money, often by government regulation.

Central bank and Fiat money · Currency board and Fiat money · See more »

Fixed exchange-rate system

A fixed exchange rate, sometimes called a pegged exchange rate, is a type of exchange rate regime where a currency's value is fixed against either the value of another single currency, to a basket of other currencies, or to another measure of value, such as gold.

Central bank and Fixed exchange-rate system · Currency board and Fixed exchange-rate system · See more »

Hong Kong

Hong Kong (Chinese: 香港), officially the Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory of China on the eastern side of the Pearl River estuary in East Asia.

Central bank and Hong Kong · Currency board and Hong Kong · See more »

Hong Kong Monetary Authority

The Hong Kong Monetary Authority (HKMA, or 金管局) is Hong Kong's currency board and de facto central bank.

Central bank and Hong Kong Monetary Authority · Currency board and Hong Kong Monetary Authority · See more »

Lender of last resort

A lender of last resort (LOLR) is the institution in a financial system that acts as the provider of liquidity to a financial institution which finds itself unable to obtain sufficient liquidity in the interbank lending market and other facilities or sources have been exhausted.

Central bank and Lender of last resort · Currency board and Lender of last resort · See more »

Monetary base

In economics, the monetary base (also base money, money base, high-powered money, reserve money, outside money, central bank money or, in the UK, narrow money) in a country is defined as the portion of a commercial bank's reserves that consist of the commercial bank's accounts with its central bank plus the total currency circulating in the public, plus the currency, also known as vault cash, that is physically held in the bank's vault.

Central bank and Monetary base · Currency board and Monetary base · See more »

Monetary policy

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

Central bank and Monetary policy · Currency board and Monetary policy · See more »

Pound sterling

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha.

Central bank and Pound sterling · Currency board and Pound sterling · See more »

Reserve requirement

The reserve requirement (or cash reserve ratio) is a central bank regulation employed by most, but not all, of the world's central banks, that sets the minimum amount of reserves that must be held by a commercial bank.

Central bank and Reserve requirement · Currency board and Reserve requirement · See more »

Seigniorage

Seigniorage, also spelled seignorage or seigneurage (from Old French seigneuriage "right of the lord (seigneur) to mint money"), is the difference between the value of money and the cost to produce and distribute it.

Central bank and Seigniorage · Currency board and Seigniorage · See more »

United States dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution since 1792.

Central bank and United States dollar · Currency board and United States dollar · See more »

The list above answers the following questions

Central bank and Currency board Comparison

Central bank has 216 relations, while Currency board has 67. As they have in common 14, the Jaccard index is 4.95% = 14 / (216 + 67).

References

This article shows the relationship between Central bank and Currency board. To access each article from which the information was extracted, please visit:

Hey! We are on Facebook now! »