how do the government regulate money
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1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
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Governments regulate money through central banks by controlling interest rates, setting reserve requirements for commercial banks, and managing currency supply. They enforce laws against counterfeiting, monitor financial transactions to prevent illegal activities, and stabilize economies by adjusting fiscal policies like taxes and spending. In Nigeria, the Central Bank (CBN) issues the naira, oversees foreign exchange, and uses tools like open market operations to influence liquidity. These measures ensure stability, trust, and economic growth while curbing inflation or recession risks