Central bank functions shape currency issuance, seigniorage and banking supervision, affecting monetary and financial stability.
The Governor oversees exclusive currency issuance and the generation of Seigniorage for the government, while acting as banker to the government and to other banks. The central bank's dedicated currency department separates related assets and liabilities, and the institution's supervisory role governs commercial banks to protect depositors and provide liquidity support, making leadership changes significant for monetary, fiscal, and financial-stability policy emphasis. (AI Summary)