Monetary Policy Which Aimed at Financial Stability of the Central Bank of the Republic of Turkey (CBRT), since 2010

Autor: ARABACI, Havva
Rok vydání: 2017
Předmět:
Zdroj: Volume: 5, Issue: 4 43-54
Sosyal Bilimler Araştırma Dergisi
ISSN: 2147-5237
Popis: Monetary policy is effort to manage variables such as Money supply and interest rate for achievingmacro-economic objectives as price and financial stability, economic growth, ensuring the balance ofpayments.Since the end of 2010, the Central Bank of the Republic of Turkey (CBRT) has designed anda dopted anew monetary policy. Nonetheless, financial stability has been adopted as a supportive objectives; asfor this purpose, additional policy instruments such as interest rate corridor (Weekly Repo Interest andliquidity management) and required reserves have been developed.Then ew policy design aimed to provide a framework to increase the economy's resilience especiallyresulting from fragility caused by balance of payments equilibrium, credit expansion and capitalflows.In this study, new monetary policy tools aimed for financial stability which Implemented by the CBRTsince the end of 2010 has been tried to explained.
Databáze: OpenAIRE