Central banks, also known as reserve banks, are organisations within a specific country or a coalition of several countries that regulate the various supplies of currency and all related policies within the particular area. This type of financial institution can perform numerous actions, but its most vital job is to ensure that the national currency and the money supply will remain stable.

European Central Bank
These banks can either be owned and controlled by their respective governments, or they may be operated under strict regulations that are especially created to prevent the interference of their governments. A central bank’s specific functions includes many different tasks and responsibilities such as the distribution of currency and the implementation of monetary policies.