In the previous part, we learned the basic knowledge about the money market, money supply and demand and their relationship with interest rates. Broader still, that is the financial market, where financial intermediaries play an important role in connecting savers and borrowers.
In this part, we will delve deeper into one of the most important financial intermediaries - bank. In particular, one of the two dual mandates of the Central Bank is to stabilize the market, which includes: regulating the money supply in the economy and supervising the banking system.
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