Central Bank of Ireland

The Central Bank of Ireland
William Murphy
Brief History

The Central Bank of Ireland was established by the Central Bank Act 1942 (the Act). The central bank has essentially two functions. Firstly, it is Ireland’s central bank and a member of the European System of Central Banks (ESCB). Secondly, the central bank is responsible for the regulation of Ireland’s financial services sector. The functions of the central bank are set out in the Act (as amended). The primary objective of the central bank is to maintain price stability. The

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