Monetary system of the Republic of Moldova

Abstract

Internal monetary systems are very similar today in all major countries of the world. They have three levels: (1) holders of money (“the public”), comprising individuals, businesses and government units, (2) commercial banks (private or government-owned), which borrow from the public, mainly through deposits, and lend to individuals, companies or governments, and (3) central banks, which have a monopoly on the issuance of certain types of money, serve as bankers for central government and commercial banks and have the power to determine the amount of money. The public holds their money in two ways: as currency (including currency) and bank deposits. CZU: 336.74(478); JEL: G00, G14, G21; DOI: https://doi.org/10.53486/9789975359030.21