The Bank for International Settlements is like a central bank for central bankers.

Question

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The Bank for International Settlements (BIS) is often referred to as the "central bank for central bankers" because it primarily serves as a forum for central banks and other international financial institutions to coordinate and share information. It does not operate like a traditional central bank in that it does not issue its own currency or set monetary policy for any particular country.

The Bank for International Settlements Is Like a Central Bank