The evolving role of central banks in Africa

The core mandates of central banks around the world are twofold: maintaining price stability and oversight of the financial system.

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Broadly, the core mandates of central banks around the world are twofold: maintaining price stability and oversight of the financial system. There are nuances of course. Famously, the US Fed, for example, also has the responsibility to promote employment, in addition to price stability.

In the context of our countries, by and large, the formal and core mandate of central banks are similar.

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Note: The results are not exact but very close to the actual.