Suitability for use of open market operations as a main tool of monetary control by the National bank of Moldova
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2021-10-16 20:01
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336.711.6(478) (2)
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MISTREAN, Larisa. Suitability for use of open market operations as a main tool of monetary control by the National bank of Moldova. In: Eastern European Journal for Regional Studies (EEJRS), 2016, nr. 1(2), pp. 150-161. ISSN 1857-436X.
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Eastern European Journal for Regional Studies (EEJRS)
Numărul 1(2) / 2016 / ISSN 1857-436X /ISSNe 2537-6179

Suitability for use of open market operations as a main tool of monetary control by the National bank of Moldova

CZU: 336.711.6(478)
JEL: E5

Pag. 150-161

Mistrean Larisa
 
Academy of Economic Studies of Moldova
 
 
Disponibil în IBN: 10 martie 2018


Rezumat

The open-market have become the main instrument of monetary control in the developed countries, increased flexibility offered, from the point of view of volume of the monetary policy operations initiated by the central bank. They permit the establishment of impersonal relations between market participants, as well as inefficiency and to avoid market and of the economy, as a result of the direct control.

Cuvinte-cheie
monetary policy,

REPO operations, reverse repo operations, open market operations, direct and indirect instruments, withdrawal of liquidity (sterilization), injection of liquidity, main refinancing operations, longer-term refinancing operations, fine-tuning operations.