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monetary policy
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    Also found in: Financial, Encyclopedia, Wikipedia 0.01 sec.

monetary policy

Means of government or central bank control over the money supply, including setting interest rates to manage the level of lending and credit, in turn influencing the level of demand in an economy as a whole.
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In 1948, in the middle of discussions about currency reform to combat the "black market", the three Western powers unilaterally issued a new currency, invalidating the existing one in their zones, including those in Berlin.
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Bahmani, however, did not set any date for the Iranian currency reform plan to take effect.
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However, given the current economic downturn, we do not believe that currency reform is high on the agenda at the moment.
UAE decision major blow for single currency plan by Gulf Daily News (Manama, Bahrain)
 
 
 
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