bank of issue

简明释义

发行币银行

英英释义

例句

1.The central bank acts as the bank of issue for the country's currency.

中央银行作为该国货币的发行银行。

2.In times of economic crisis, the bank of issue can print more money to stimulate the economy.

在经济危机时期，发行银行可以印刷更多的钱以刺激经济。

3.The bank of issue plays a crucial role in maintaining monetary stability.

发行银行在维持货币稳定方面发挥着至关重要的作用。

4.International trade often requires knowledge of the bank of issue for various currencies.

国际贸易常常需要了解各种货币的发行银行。

5.Each bank of issue has the authority to regulate the money supply.

每个发行银行都有权调节货币供应量。

作文

In the world of finance, the term bank of issue refers to a financial institution that has the authority to issue currency notes and coins. This concept is fundamental to understanding how modern economies operate. The bank of issue plays a critical role in managing a country's money supply and ensuring the stability of its currency. To grasp the significance of this term, we must delve into its functions, historical context, and implications for economic policy.Historically, the role of the bank of issue dates back to the establishment of central banks. These institutions were created to provide a stable currency and act as a lender of last resort during financial crises. For instance, the Bank of England, established in 1694, was one of the first central banks to function as a bank of issue. It was responsible for issuing banknotes that were backed by gold reserves, which instilled confidence in the currency and facilitated trade.Today, many countries have a central bank of issue that regulates the amount of money in circulation. This regulation is crucial for controlling inflation and maintaining economic stability. When a bank of issue decides to print more money, it can lead to inflation if not managed carefully. Conversely, if it restricts the money supply too much, it can cause deflation, leading to reduced economic activity. Therefore, the decisions made by a bank of issue are closely monitored by economists and policymakers alike.Moreover, the bank of issue often serves as the government's banker, managing its accounts and facilitating transactions. This relationship allows the government to fund public spending and manage its debt effectively. In times of economic downturn, a bank of issue may implement monetary policies such as lowering interest rates or engaging in quantitative easing to stimulate the economy. These measures aim to encourage borrowing and spending, thereby fostering economic growth.Another important aspect of the bank of issue is its role in maintaining public confidence in the currency. By ensuring the availability of sufficient currency and safeguarding against counterfeiting, the bank of issue helps to build trust among the public. This trust is vital for the smooth functioning of the economy, as it encourages people to hold and use the currency for transactions.In addition to these functions, the bank of issue also engages in foreign exchange operations to stabilize its currency against fluctuations in the global market. This is particularly important for countries that rely heavily on exports or imports. A strong and stable currency can enhance a nation's competitiveness in international trade, while a weak currency can lead to increased costs for consumers and businesses alike.In conclusion, the term bank of issue encompasses a wide range of responsibilities and functions that are essential for the health of an economy. From issuing currency to managing monetary policy, the bank of issue plays a pivotal role in ensuring economic stability and fostering growth. Understanding this concept is crucial for anyone interested in finance and economics, as it lays the foundation for comprehending how money circulates within an economy and the impact of monetary policy on everyday life.

在金融世界中，术语银行发行指的是一个有权发行货币纸币和硬币的金融机构。这个概念对于理解现代经济如何运作是基础性的。银行发行在管理国家的货币供应和确保其货币稳定性方面发挥着关键作用。要掌握这个术语的意义，我们必须深入探讨它的功能、历史背景以及对经济政策的影响。从历史上看，银行发行的角色可以追溯到中央银行的建立。这些机构的创建旨在提供稳定的货币，并在金融危机期间充当最后贷款人。例如，成立于1694年的英格兰银行就是第一个以银行发行为功能的中央银行之一。它负责发行由黄金储备支持的纸币，这增强了公众对货币的信心，促进了贸易。如今，许多国家都有一个中央银行发行，负责调节流通中的货币数量。这种调节对于控制通货膨胀和维持经济稳定至关重要。当银行发行决定印制更多货币时，如果不加以谨慎管理，可能会导致通货膨胀。相反，如果过度限制货币供应，可能会导致通货紧缩，从而减少经济活动。因此，银行发行所做的决策受到经济学家和政策制定者的密切关注。此外，银行发行通常还充当政府的银行，管理其账户并促进交易。这种关系使政府能够有效地资助公共支出和管理债务。在经济低迷时期，银行发行可能会实施货币政策，如降低利率或进行量化宽松，以刺激经济。这些措施旨在鼓励借贷和消费，从而促进经济增长。银行发行的另一个重要方面是其维护公众对货币信心的角色。通过确保足够的货币供应和防止伪造，银行发行帮助建立公众的信任。这种信任对于经济的顺利运作至关重要，因为它鼓励人们持有和使用货币进行交易。除了这些功能外，银行发行还参与外汇操作，以稳定其货币应对全球市场的波动。这对于依赖出口或进口的国家尤为重要。强大而稳定的货币可以增强一个国家在国际贸易中的竞争力，而疲弱的货币则可能导致消费者和企业成本增加。总之，术语银行发行涵盖了一系列对经济健康至关重要的职责和功能。从发行货币到管理货币政策，银行发行在确保经济稳定和促进增长方面发挥着关键作用。理解这一概念对于任何对金融和经济感兴趣的人来说都是至关重要的，因为它为理解货币如何在经济中流通以及货币政策对日常生活的影响奠定了基础。