The paper explores the various monetary policy strategies that may be pursued in the presence of dollarization, considers the implications of dollarization for the practical application and ...

In particular, the decision to lower the deposit facility rate – the rate through which the Governing Council steers the ...

What monetary policy instruments has the central bank used to achieve this objective, and what lessons has it learned in the process? Russia became independent at the end of 1991, when the Soviet ...

An interest-bearing and universally accessible central bank digital currency (CBDC) could be a versatile instrument that would, in theory, improve monetary policy by allowing non-linear transfers and ...

Monetary Policy Instruments and how they are managed Monetary policy instruments are of two types namely qualitative instruments and quantitative instruments. The list of quantitative instruments ...