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Meaning of reserve bank | Babel Free

Noun CEFR B2

Definitions

  1. A central bank.
    Australia, India, New-Zealand, South-Africa
  2. A regional bank operating under and implementing the policies of the Federal Reserve.
    US

Examples

“The Reserve Bank of New Zealand.”
“The Federal Reserve Bank of New York.”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

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