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BIS
BIS
4 global changes BIS is an international organization which develops international monetary & financial co-operation
BIS
History
BIS
Formed in 1930
BIS
Objective
BIS
The main aim & objective of BIS is to excel in service to central bank & financial authorities
BIS
Features of BIS
BIS
Medium to promote discussion & policy analysis Provide central bank with wide range of financial services Co-Operation among central bank
BIS
Functions of BIS
BIS
Gold Reserve Related Advances & loans to/from banks Bill Discounting
Current President of ECB is Mario Draghi Primary objective of ECB is to maintain price stability
ECB is de facto successor of the European Monetary Institute (EMI) The 1st President of ECB was Wim Duisenberg German Opposition ECB is responsible for monetary system of European Union (EU) & Euro Currency
Primary objective of ECB is to maintain price stability by the way of... Safeguarding Defining & Implementing Conducting Holding & managing
Promoting
Maintaining working relations with relevant institutions Authority to issue banknotes within the euro area.