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What does the bank of England do?

Answer:

The Bank of England is the central bank of the United Kingdom and has a similar role to that of the Federal Reserve in the US and the ECB in the Eurozone. It's main task is financial stability but it issues banknotes for England and Wales and sets interest rates.

First answer by Fozzybeareu. Last edit by Fozzybeareu. Contributor trust: 248 [recommend contributor recommended]. Question popularity: 1 [recommend question].

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