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The Federal Reserve System is the central banking system of the United States of America. It was created on December 23,1913,the day before Christmas Eve,with the enactment of the Federal Reserve Act,after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years,events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System.
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The Bank of Greece is the central bank of Greece. Its headquarters is located in Athens on Panepistimiou Street,but it also has several branches across the country. It was founded in 1927 and its operations started officially in 1928. The building that currently houses its headquarters was completed ten years later in 1938.
The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960,when the Reserve Bank Act 1959 removed the central banking functions from the Commonwealth Bank.
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The South African Reserve Bank (SARB) is the central bank of South Africa. It was established in 1921 after Parliament passed an act,the "Currency and Bank Act of 10 August 1920",as a direct result of the abnormal monetary and financial conditions which World War I had brought. The SARB was only the fourth central bank established outside the United Kingdom and Europe,the others being the United States,Japan and Java. The earliest suggestions for the establishment of the Central Bank in South Africa date back to 1879. A select committee,of ten members of Parliament,was established on 31 March 1920 to examine the benefits to the national interest of the establishing of the central bank.
The Central Bank of Barbados (CBB) is the national monetary authority responsible for providing advice to the Government of Barbados on banking and other financial and monetary matters. The Central Bank of Barbados,was established by Act of parliament on 2 May 1972. Prior to the establishment of CBB,Barbados' monetary policies were governed through its membership in the Eastern Caribbean Currency Authority (ECCA). The Central Bank operates as the banknote issuing authority for Barbadian currency.
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Bank Indonesia (BI) is the central bank of the Republic of Indonesia. Perry Warjiyo is its current governor.
National Bank of Slovakia,is the central bank of Slovakia,which is a member of the European Union and the European System of Central Banks. Since 1 January 2009,it has also been a member of Eurosystem.
The Central Bank of Kenya (CBK) is the monetary authority of Kenya. Its head office is located in Nairobi. CBK was founded by in 1966 after the dissolution of East African Currency Board (EACB). Dr. Patrick Ngugi Njoroge is current Governor of CBK and Sheila M’Mbijjewe is the Deputy Governor.
The Central Bank of Belize is the central bank of Belize,established in 1982. In 2021 Gustavo Manuel Vasquez was chosen to serve as Governor,replacing A. Joy Grant,who had served in the role since 2016.
Ajith Nivard Cabraal is a Sri Lankan accountant and politician who was also the 16th Governor of the Central Bank of Sri Lanka. He is also the former State Minister of Finance,Capital Markets and State Enterprise Reforms and a national list member of parliament since 12 August 2020. He served as the Governor of the Central Bank of Sri Lanka,holding the post from 1 July 2006 until his resignation on 9 January 2015. He again became the Governor of Central Bank of Sri Lanka in September 2021,replacing W. D. Lakshman,and resigned again in April 2022.
The Bank of South Sudan is the central bank of the Republic of South Sudan. Established in July 2011,by an Act of Parliament,it replaced the now defunct Bank of Southern Sudan,a former branch of the Bank of Sudan,which had served as the central bank of Southern Sudan,during the period between February 2005 until July 2011. The bank is fully owned by the Government of South Sudan.
Yang Chin-long is a Taiwanese economist and the current Governor of the Central Bank of the Republic of China.
References
- ↑ "Central Bank Governors". Bangko Sentral ng Pilipinas . Retrieved August 29, 2011.