Inflation Targeting Policy in Moldova
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IGNATENCO, Evghenii, CUCERESCU, Vasile. Inflation Targeting Policy in Moldova. In: Balkan and Near Eastern Congress Series on Economics, Business and Management, Ed. 18, 26-27 noiembrie 2022, Ohrid. Ohrid: University of agribusiness and rural development, 2022, Ediţia 18, p. 732. ISBN 979-9989-695-71-1.
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Balkan and Near Eastern Congress Series on Economics, Business and Management
Ediţia 18, 2022
Congresul "XVIII. International Balkan and Near Eastern Social Sciences Congress Series on Economics, Business and Management"
18, Ohrid, Macedonia, 26-27 noiembrie 2022

Inflation Targeting Policy in Moldova


Pag. 732-732

Ignatenco Evghenii1, Cucerescu Vasile2
 
1 Academy of Economic Studies of Moldova,
2 Guvernul Republicii Moldova
 
 
Disponibil în IBN: 24 aprilie 2024


Rezumat

Transparency in conducting monetary policy has become important feature for central banks in the world. One of the issues in conducting monetary policy is credibility and transparency of the central bank. Inflation targeting policy is one of the credibility and transparency policies in the monetary policy framework. In line of many central banks in the world, the National Bank of Moldova (NBM) has started implementing inflation targeting policy. In 2010, Moldova implemented inflation targeting policy and targeted inflation rate at 5% with 1.5% wave. This study attempts to investigate recent monetary policy and monetary transmission mechanisms in Moldova.