Government body that manages currency and monetary policy

<span class="mw-page-title-main">Central bank</span>

Central bank

A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union,
and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Issues like central bank independence, central bank policies and rhetoric in central bank governors discourse or the premises of macroeconomic policies 