central bank
Tone colorsmāmámǎmàma
Meanings
1 sense · 3 examplesnoun
central bank; monetary authority
formalStandard financial terminology used to refer to a nation's primary monetary authority that issues currency and manages monetary policy. In China, this refers specifically to the People's Bank of China (中国人民银行).
Yāng央
háng行
jīn今
tiān天
xuān宣
bù布
jiàng降
xī息
，
cì刺
jī激
jīng经
jì济
fā发
zhǎn展
。
The central bank announced an interest rate cut today to stimulate economic growth.
Zhōng中
guó国
Rén人
mín民
Yín银
háng行
shì是
Zhōng中
guó国
de的
yāng央
háng行
。
The People's Bank of China is China's central bank.
Show 1 more exampleShow fewer examples
Gè各
guó国
yāng央
háng行
zhèng正
zài在
mì密
qiè切
guān关
zhù注
tōng通
huò货
péng膨
zhàng胀
de的
shù数
jù据
。
Central banks of various countries are closely monitoring inflation data.