DISCOUNT RATE AS A MEASURE OF MONETARY POLICY FOR MARKET STABILIZATION - EXAMPLE OF THE NATIONAL BANK OF SERBIA
The increase in interest rate is related to the efforts of monetary authorities to neutralize inflationary pressures; while the rate reduction can be interpreted as an invitation to business sector to access more favorable lending conditions. The effectiveness of these changes largely depends on th...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Banja Luka, Faculty of Economics
2022-12-01
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| Series: | Acta Economica |
| Subjects: | |
| Online Access: | http://www.ae.ef.unibl.org/index.php/ae/article/view/443 |