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Home > QFINANCE Dictionary > Definition of European Central Bank

Definition of

European Central Bank

Banking

bank responsible for EU monetary policy the financial institution that replaced the European Monetary Institute (EMI) in 1998 and is responsible for carrying out EU monetary policy and administering the Euro.

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Definitions of ’European Central Bank’ and meaning of ’European Central Bank’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’European Central Bank’ and other financial terms with our online QFINANCE Financial Dictionary.

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