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The evolution of central banking (الإنجليزية)

Institutions known as central banks emerged or were established as commercial banks or government banks. Their evolution into central banks came with their monopoly issuing notes and their role as lender of last resort, among other functions. Carrying out commercial business on a large scale created a conflict of interest, so this practice was abandoned. Establishing the right degree of dependence was difficult, and changed in times of crisis...
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نسخة رسمية من الوثيقة (قد تضم توقيعات، الخ)


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