What monetary policy instruments has the central bank used to achieve this objective, and what lessons has it learned in the process? Russia became independent at the end of 1991, when the Soviet ...

This forward-looking approach is obviously desirable, given the long and variable lags between changes in the monetary instruments and their impact on the ultimate policy goal. By contrast, responding ...

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Governor Holzmann will discuss selected issues of unconventional monetary policy instruments (UMP): Assuming inflation is tamed, can we go back to conventional monetary policy before 2008, when ...

The conduct of monetary policy has changed, but its broad objective of managing interest rates and money supply remains unchanged.

The Bank of Ghana (BoG) has announced a series of additional operational measures aimed at strengthening liquidity management ...

Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline. Bank of Baroda asserted in a note recently ...

The primary monetary policy tool of the Bank of Ghana (BoG ... Treasury Bills and the Money Market T-bills are short-term debt instruments issued by the government to finance its operations.