OPEN MARKETING - A SPECIFIC FORM OF MONETARY POLICY IN ORDER TO MONETARY VOLUME ADJUSTMENT
: Applying a uniform monetary policy by all European Union member states also require harmonization of monetary policy instruments and national interbank market integration also. Monetary policy instruments used by NBR (National Bank of Romania) have evolved over time as a result of alignment with t...
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| Format: | Article |
| Language: | English |
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Academica Brâncuşi
2013-02-01
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| Series: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
| Subjects: | |
| Online Access: | http://www.utgjiu.ro/revista/ec/pdf/2013-01/14_Chirtoc%20Irina,%20Medar%20Lucian.pdf |
| _version_ | 1811251062742450176 |
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| author | CHIRTOC IRINA- ELENA MEDAR LUCIAN-ION |
| author_facet | CHIRTOC IRINA- ELENA MEDAR LUCIAN-ION |
| author_sort | CHIRTOC IRINA- ELENA |
| collection | DOAJ |
| description | : Applying a uniform monetary policy by all European Union member states also require harmonization of monetary policy instruments and national interbank market integration also. Monetary policy instruments used by NBR (National Bank of Romania) have evolved over time as a result of alignment with the instruments used by the European Central Bank. Money market operations in Romania have appeared for the first time in 1997. Starting from the wishing of Central Bank to reduce excess liquidity in 2001 they became the most important monetary policy tool used by the National Bank of Rumania. Open market operations are the instrument of monetary policy, central banking in Eastern Europe to work towards monetary contraction or expansion. Open-market operations in recent years have become the most important monetary policy instrument they play an essential role in promoting monetary policy by the central bank. Through open marketing operations the monetary authorities aim to alter bank reserves and thereby influence the amount of currency in circulation. In Romania, the open marketing operations are initiated by the National Bank of Romania, which determines what type of tools will be used while setting terms and conditions of the implementation. Through the use and control of monetary policy instruments, the central bank as the state bank seeks managing liquidity in the economy. |
| first_indexed | 2024-04-12T16:13:54Z |
| format | Article |
| id | doaj.art-b2ea461939304cea9714465f99c8465a |
| institution | Directory Open Access Journal |
| issn | 1844-7007 |
| language | English |
| last_indexed | 2024-04-12T16:13:54Z |
| publishDate | 2013-02-01 |
| publisher | Academica Brâncuşi |
| record_format | Article |
| series | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
| spelling | doaj.art-b2ea461939304cea9714465f99c8465a2022-12-22T03:25:48ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie1844-70072013-02-0111109115OPEN MARKETING - A SPECIFIC FORM OF MONETARY POLICY IN ORDER TO MONETARY VOLUME ADJUSTMENTCHIRTOC IRINA- ELENAMEDAR LUCIAN-ION: Applying a uniform monetary policy by all European Union member states also require harmonization of monetary policy instruments and national interbank market integration also. Monetary policy instruments used by NBR (National Bank of Romania) have evolved over time as a result of alignment with the instruments used by the European Central Bank. Money market operations in Romania have appeared for the first time in 1997. Starting from the wishing of Central Bank to reduce excess liquidity in 2001 they became the most important monetary policy tool used by the National Bank of Rumania. Open market operations are the instrument of monetary policy, central banking in Eastern Europe to work towards monetary contraction or expansion. Open-market operations in recent years have become the most important monetary policy instrument they play an essential role in promoting monetary policy by the central bank. Through open marketing operations the monetary authorities aim to alter bank reserves and thereby influence the amount of currency in circulation. In Romania, the open marketing operations are initiated by the National Bank of Romania, which determines what type of tools will be used while setting terms and conditions of the implementation. Through the use and control of monetary policy instruments, the central bank as the state bank seeks managing liquidity in the economy.http://www.utgjiu.ro/revista/ec/pdf/2013-01/14_Chirtoc%20Irina,%20Medar%20Lucian.pdfmonetary policy open marketingrepo operationsreverse repo operationsratio of monetary policy |
| spellingShingle | CHIRTOC IRINA- ELENA MEDAR LUCIAN-ION OPEN MARKETING - A SPECIFIC FORM OF MONETARY POLICY IN ORDER TO MONETARY VOLUME ADJUSTMENT Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie monetary policy open marketing repo operations reverse repo operations ratio of monetary policy |
| title | OPEN MARKETING - A SPECIFIC FORM OF MONETARY POLICY IN ORDER TO MONETARY VOLUME ADJUSTMENT |
| title_full | OPEN MARKETING - A SPECIFIC FORM OF MONETARY POLICY IN ORDER TO MONETARY VOLUME ADJUSTMENT |
| title_fullStr | OPEN MARKETING - A SPECIFIC FORM OF MONETARY POLICY IN ORDER TO MONETARY VOLUME ADJUSTMENT |
| title_full_unstemmed | OPEN MARKETING - A SPECIFIC FORM OF MONETARY POLICY IN ORDER TO MONETARY VOLUME ADJUSTMENT |
| title_short | OPEN MARKETING - A SPECIFIC FORM OF MONETARY POLICY IN ORDER TO MONETARY VOLUME ADJUSTMENT |
| title_sort | open marketing a specific form of monetary policy in order to monetary volume adjustment |
| topic | monetary policy open marketing repo operations reverse repo operations ratio of monetary policy |
| url | http://www.utgjiu.ro/revista/ec/pdf/2013-01/14_Chirtoc%20Irina,%20Medar%20Lucian.pdf |
| work_keys_str_mv | AT chirtocirinaelena openmarketingaspecificformofmonetarypolicyinordertomonetaryvolumeadjustment AT medarlucianion openmarketingaspecificformofmonetarypolicyinordertomonetaryvolumeadjustment |