XII. Complete the sentences using your own words:.

1. The National Bank of Ukraine, as the central bank, carries out ….

2. The NBU maintains relations with other countries’ ….

3. The NBU has the exclusive right to ….

4. The NBU determines ….

5. The NBU accumulates, stores and uses ….

6. To support the banking system liquidity and stability the NBU ….

7. Loans are given to commercial banks by ….

8. The NBU provides cash management of the Ukrainian State Budget through ….

9. Special software – hardware package secures ….

10. Starting January, 1, 1998 the banking system of Ukraine switched over to ….

XIII. Match the words and word combinations given on the left with their dictionary definitions given on the right.

1) central bank	a) the process of paying outstanding accounts between banks;
2) to issue currency	b) to print cash in the form of notes and coins;
3) to put currency into circulation	c) the authority of regulating and control character;
4) cash supply	d) the main bank in each country which acts as an arm of the government more than it does a bank. It is responsible for the regulation of the financial system, the establishment of rates of interest and the issue of currency notes;
5) gold and foreign exchange reserves	e) the quantity of cash available;
6) the Treasury	f) to issue currency and make use of it in each country;
7) the foreign exchange policy	g) safe investment condition;
8) supervisory body	h) the government department responsible for administering the financial affairs of the country;
9) interbank settlements	i) the policy regulating the rate at which one currency can be exchanged for another. A government may influence the rate at which the domestic currency is exchanged for another currencies by entering the market itself to buy or sell its own currency;
10) financial reliability	j) an amount of gold and foreign currency retained by a state;

Дата добавления: 2015-07-20