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The Banque de France is the central bank of the French Empire, headquartered in Paris and with regional banks in Berlin, Barcelona, Moscow, Petrograd, Kiev, Stockholm, Warsaw, Munich and Marseille. It also maintains the Banques des Colonies system, the subsidiary central bank of the French overseas Empire, which has headquarters in Montreal, Karachi, Bombay, Algiers, Dakar and Singapore. It is the largest central bank in the world and the holder of the franc, the reserve currency for all CIC nations and about two-thirds of the world.