Use of monetary policy instruments in the Republic of Moldova

Abstract

Monetary policy is the set of measures or interventions of the Central Bank or monetary authorities on the liquidity of the national economy through techniques and tools for the pursuit of economic policy. Monetary policy has three components: monetary, creditary and foreign exchange. Monetary, foreign exchange and creditary policy shall be drawn up by the National Bank in agreement with the Government. The monetary system of the Republic of Moldova is constantly evolving, in the sense of elaborating and putting into practice the existing monetary instruments in all developed countries CZU: 338.23:336.74(478); JEL: E52; E58; O53; F42; DOI: https://doi.org/10.53486/9789975359030.18