reserve bank

noun

: a central bank holding reserves of other banks

Examples of reserve bank in a Sentence

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Moreover, the Federal Open Market Committee — the Fed body that sets monetary policy and also includes presidents of regional reserve banks — elects its own chair and vice chair at the start of each year. —

Neil Irwin, Axios, 18 July 2024 India’s reserve bank calculated that demonetization entirely failed in its goal of purging black money from the economy: more than 99 percent of invalidated currency nonetheless found its way into banks. —

Milan Vaishnav, Foreign Affairs, 4 Nov. 2019 Public officials on stage will include the presidents of the New York and Minneapolis federal reserve banks and Mandy Cohen, director of the Centers for Disease Control and Prevention, one of multiple panelists on medicine and health, another focus of the Milken Institute. —

Laurence Darmiento, Los Angeles Times, 2 May 2024 The reserve banks, semi-private entities, are not subject to Freedom of Information Act requests. —

Catarina Saraiva, Fortune, 22 Jan. 2024 See all Example Sentences for reserve bank