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What is the primary function of the Deutsche Bundesbank, which Axel A. Weber led?

  • Implementing Monetary Policy

  • Regulating International Trade

  • Promoting Economic Development

  • Managing Fiscal Policy

Answer

The primary function of the Deutsche Bundesbank, which Axel A. Weber led as president, is implementing monetary policy in Germany. The central bank is responsible for maintaining price stability, ensuring the smooth functioning of payment systems, and managing the country's foreign exchange reserves.
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