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European Central Bank ecb (1) - Coggle Diagram
European Central Bank
Overview
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Members: ECB President and Vice-President and governors of national central banks from all EU countries
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Role: To manage the euro, keep prices stable and conduct EU economic & monetary policy
What does the ECB do?
manages the eurozone's foreign currency reserves and the buying or selling of currencies to balance exchange rates
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How does the ECB work?
The ECB works with the national central banks of all EU countries. Together they form the European System of Central Banks.
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