Monetary Policy Which Aimed at Financial Stability of the Central Bank of the Republic of Turkey (CBRT), since 2010
Monetary policy is effort to manage variables such as Money supply and interest rate for achieving
macro-economic objectives as price and financial stability, economic growth, ensuring the balance of
payments.
Since the end of 2010, the Central Bank of the Republic of Turkey (CBRT) has designed anda dopted a
new monetary policy. Nonetheless, financial stability has been adopted as a supportive objectives; as
for this purpose, additional policy instruments such as interest rate corridor (Weekly Repo Interest and
liquidity management) and required reserves have been developed.
Then ew policy design aimed to provide a framework to increase the economy's resilience especially
resulting 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 CBRT
since the end of 2010 has been tried to explained.
Anahtar Kelimeler:
Monetarypolicy, financialstability, central bank, national bank, interest rate corridor, requiredreserves.
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- Yayın Aralığı: Yılda 4 Sayı
- Yayıncı: Denta Florya ADSM Limited Company
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