Definitions from the Web
Term: Monetary Authorities
Monetary authorities refer to the regulatory bodies and institutions responsible for controlling and managing a country's money supply and monetary policy. They play a vital role in maintaining economic stability and implementing measures to control inflation, interest rates, and the stability of the currency.
Sample Sentences:
- The monetary authorities have decided to increase interest rates to curb inflation.
- The monetary authorities are closely monitoring the foreign exchange market.
- Monetary authorities have introduced new regulations to promote economic growth.
Possible Related Products:
|