haku: @author RIBNIKAR, I. / yhteensä: 86
viite: 4 / 86
| Tekijä: | Ribnikar, I. |
| Otsikko: | Monetary policy and financial institutions |
| Lehti: | Bancni vestnik
1995 : VOL. 44:7-8, p. 5-10 |
| Asiasana: | |
| Vapaa asiasana: | SLOVENIA, CENTRAL BANKS, MONETARY POLICY INTEREST RATES, EXCHANGE RATE MECHANISM, FINANCIAL INSTITUTIONS |
| Kieli: | slv |
| Tiivistelmä: | The central bank cannot change its monetary policy without changing the prices, i. e. interest rate and exchange-rate, of financial assets it buys and/or-sells.Both prices are also determined by the so-called fundamentals and by the exchange-rate policy, if it is being pursued separately by the central bank, as has been the case with the Bank of Slovenia.The impact of the interest rate and/or the exchange-rate on the financial institutions and especially on banks will remain great and the banks will treat it as something they cannot avoid, a natural disaster, unless they divide themselves internally or functionally into euro-banks (with equality between foreign-currency deposits on the one side and foreign currency assets on the other side of their balance sheets) and domestic banks with only domestic currency deposits and assets.Domestic currency deposits, denominated in foreign money, should be abolished. |
SCIMA