Similar Search Results

Central Banking Legislation : A Collection of Central Bank, Monerary and Bankin Law, Volume II

International Monetary Fund - 2003

This paper discusses the central banking, monetary, and banking laws for 17 countries in Europe, an area where many of the techniques that are now universally used in regulating or controlling the supply of money and credit were developed. The complete text of the basic central bank law of each...

Persistent link: https://www.econbiz.de/10014397640

Market Information and Signaling in Central Bank Operations, Or, How often Should a Central Bank Intervene?

International Monetary Fund - 1997

A central bank must decide on the frequency with which it will conduct open market operations and the variability in short-term money market that it will allow. It is shown how the optimal operating procedure balances the value of attaining an immediate target and broadcasting the central...

Persistent link: https://www.econbiz.de/10014400555

Anticipation and Surprises in Central Bank Interest Rate Policy : The Case of the Bundesbank

International Monetary Fund - 1998

Market reaction to a change in official interest rates will depend on the extent to which the change is anticipated, and on how it is interpreted as a signal of future policy. In this paper, a technique is developed to separate the anticipated and unanticipated components of such changes and is...

Persistent link: https://www.econbiz.de/10014400820

Seigniorage in the EC : The Implications of the EMS and Financial Market Integration

International Monetary Fund - 1989

revenue from seigniorage for the EC member countries with particular focus on the high inflation countries. Assuming that by … 1992 all EC members participate fully in the EMS and reserve requirements are unified, the revenue from seigniorage will be … different measures of seigniorage yield similar results regarding the change, but differ regarding the level …

Persistent link: https://www.econbiz.de/10014396444

Central Bank Independence : Issues and Experience

International Monetary Fund - 1991

There has been growing interest recently in the scope for promoting monetary stability through the establishment of independent central banks. This paper reviews the issues involved in central bank independence against the background of arrangements in nine countries. The analysis suggests that...

Persistent link: https://www.econbiz.de/10014396496

Latin American Central Bank Reform : Progress and Challenges

International Monetary Fund - 2005

This study takes stock of the institutional reform of monetary policy in Latin America since the early 1990s. It argues that strengthening the legal independence of central banks, together with macroeconomic policies, was instrumental in reducing inflation from three-digit annual rates in the...

Persistent link: https://www.econbiz.de/10014400741

Central Bank Reform in the Transition Economies

International Monetary Fund - 1997

Since 1992, the central banks of the Baltic states and the Commonwealth of Independent States have undertaken comprehensive reform of their monetary and exchange arrangements in support of their stabilization efforts. Their efforts have been supported by extensive technical assistance provided...

Persistent link: https://www.econbiz.de/10014402084

Euro Area : Report on Observance of Standards and Codes Assessment of Observance of the IMF Code of Good Practices on Transparency in Monetary and Financial Policies—Monetary Polic...

International Monetary Fund - 2001

The Euro system maintains a high level of transparency in all aspects of operations, demonstrating a strong institutional commitment to openness and a high degree of observance of the code. Greater consistency in the disclosure practices of individual National Central Banks (NCBs) will ensure...

Persistent link: https://www.econbiz.de/10014407414

Somalia : Currency Reform Assessment Letter for the Central Bank of Somalia

International Monetary Fund - 2018

This letter provides IMF staff's assessment on the readiness of the Central Bank of Somalia (CBS) to issue a new national currency under Phase I which will be limited to exchanging the counterfeit Somali shilling notes currently in circulation with new currency. Over the past two years the IMF...

Persistent link: https://www.econbiz.de/10014408440

Poverty Reduction And Growth Trust : 2020 Borrowing Agreements With The National Bank Of Belgium, Banco Central Do Brasil, Banque De France, The Government Of Japan, De Nederlandsc...

International Monetary Fund - 2020

This paper presents the first set of Poverty Reduction and Growth Trust (PRGT) borrowing agreements that have been signed to respond to the unprecedented demand for concessional financing during the COVID-19 pandemic. A fast-track loan mobilization round has been instrumental to allow the Fund...

Persistent link: https://www.econbiz.de/10014408897

1
2
3
4
5
6
7
8
9
10
Next
Last