Monetary Authority

Monetary authority is a generic term in finance and economics for the entity which controls the money supply of a given currency, and has the right to set interest rates, and other parameters which control the cost and availability of money. Generally a monetary authority is a central bank, though often the executive branch of a government has de facto control over monetary policy by controlling the central bank. There are other arrangements, for example democratic governance of monetary policy, a central bank for several nations, a currency board which restricts currency issuance to the amount of another currency, free banking where a broad range of entities can issue notes or coin.

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Other articles related to "monetary authority, monetary, authority":

Eccb - Monetary Authority
... Eastern Caribbean Central Bank, monetary authority of a group of six independent Caribbean nations ...
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... Hence both monetary inflation and price inflation proceed at a rapid pace ... Governments have sometimes resorted to excessively loose monetary policy, as it allows a government to devalue its debts and reduce (or avoid) a tax increase ... Monetary inflation can become hyperinflation if monetary authorities fail to fund increasing government expenses from taxes, government debt, cost cutting, or by other means, because either during the time ...
Monetary Authority - Asia
... Hong Kong Monetary Authority Maldives Monetary Authority Monetary Authority of Singapore Royal Monetary Authority of Bhutan Palestine Monetary Authority ...
List Of Central Banks - Central Banks By Country - C
... Bank of Cambodia Cameroon – see Economic and Monetary Community of Central Africa Canada – Bank of Canada (Banque du Canada) Cape Verde – Bank of Cape Verde (Banco ...
Economy Of Asia - Currency
... Bangladesh Bank Bhutan Ngultrum 0.0140550 0.0182699 Royal Monetary Authority of Bhutan Brunei Dollar 0.630467 0.819505 Brunei Currency and Monetary Board Cambodia Riel 0.00019232 ... Pound 0.000511114 0.000664240 Banque du Liban Macau Pataca 0.0963872 0.125273 Monetary Authority of Macao Malaysia Ringgit 0.252715 0.328380 Bank Negara Malaysia Maldives Rufiyaa 0.0500377 0.0650195 ...

Famous quotes containing the words authority and/or monetary:

    I am still a learner, not a teacher, feeding somewhat omnivorously, browsing both stalk and leaves; but I shall perhaps be enabled to speak with more precision and authority by and by,—if philosophy and sentiment are not buried under a multitude of details.
    Henry David Thoreau (1817–1862)

    In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.
    Ezra Pound (1885–1972)