Central Bank of the Republic (CBR)

The Central Bank of the Republic (CBR) is the main financial authority in a country responsible for managing its money supply, ensuring financial stability, and implementing monetary policy. It sets interest rates, regulates commercial banks, and controls inflation to support a healthy economy. The CBR also issues the nation’s currency and acts as a lender of last resort during financial crises. Its decisions influence borrowing costs, inflation levels, and overall economic growth, making it a key institution in maintaining economic stability and confidence in the financial system.