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People’sBankofChina倪祎彤(Nicole)李佳颖(Blanche)杨菀怡(Catharine)夏雨晴(Ailsa)I.IntroductionNicoleA centralbank, reservebank,or monetaryauthority isaninstitutionthatmanagesastate’scurrency, moneysupply,andinterestrates.overseethecommercialbankingsystem oftheirrespectivecountries.Examples:EuropeanCentralbank (ECB),theBankofJapan,the BankofEngland,theBankofCanada,theFederalReserve oftheUnitedStates andthePeople’sBankofChina.CentralBankThePeople’sBankofChinaPBOC’sheadquartersareinBeijingandShanghai.ThegovernornowisnamedZhouXiaochuan.the centralbank ofthePeoplesRepublicofChinacontrolmonetarypolicyandregulatef
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