Examlex
If the pound-dollar exchange rate changes from £0.60 per dollar to £0.65 per dollar, then the pound has _________against the dollar and the dollar has _________against the pound.
Board of Governors
A governing body or executive committee that oversees the policy-making, management, and proper conduct of an organization, institution, or central bank.
New York Federal Reserve
One of the 12 Federal Reserve Banks of the United States, it plays a key role in monetary policy, financial supervision, and the payment system.
Interest On Reserves
The rate paid by central banks to financial institutions on the excess reserves they hold at the central bank.
Money Supply
The complete financial assets volume in an economy at a designated point in time.
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