The Economics of Money and Banking Chapter 7 Central Banks >>Functions of Central Banks 2 C:Government's bank Central Banks Functions and ▣To be the fiscal agent To provide the national government with credit support To safekeep and manage national foreign exchange and gold reserve Business of To formulate the financial regulations and supervise their implementation To represent the national government in the international financial activities 7 GUO YING SEM TONGJI UNIVERSITYThe Economics of Money and Banking 7 GUO YING SEM TONGJI UNIVERSITY 2 To be the fiscal agent To provide the national government with credit support To safekeep and manage national foreign exchange and gold reserve To formulate the financial regulations and supervise their implementation To represent the national government in the international financial activities C: Government’s bank Chapter 7 Central Banks Central Banks Functions and Business of Functions of Central Banks